Bite Size #167: Zack Raad - How Financial Fitness can Fuel Your Performance (Fruition Financial)

This episode is brought to you by Fruition Financial, which is committed to helping you achieve financial fitness. From starting his own finance business after years in banking to leveraging property investments, Zack shares invaluable insights that can help you navigate the complex world of real estate and finance. Learn how "rentvesting" can unlock your dream lifestyle without breaking the bank, understand the ins and outs of bank lending, and uncover simple strategies to enhance your savings. Whether you're a young professional or looking to make smarter financial decisions, this episode is packed with practical advice to help you achieve your property goals and secure your financial future. Tune in now and take the first step towards financial empowerment!In this episode Andrew and Zack discuss:2:00 Why Zack started up his own finance business after working at a bank.3:10 How Zack was able to use his property investments to fund his new business.4:55 You don’t need a huge amount of savings to buy a property.6:20 Why rentvesting could be ideal for you.8:00 Rent where you want to live and invest where you can afford.9:20 The surprising amount of assets you may have to leverage.11:45 Why some banks don’t lend as freely as others.13:00 Zack is in this for the long haul and will always be looking for the next best deal for his clients.15:15 Using your salary as a tool to leverage new loans.17:10 Adding up small costs over time can be a shock.18:25 looking at your lifestyle and seeing what you might need to cut.20:05 Lifestyle creep can be a big factor in saving money.22:25 How young people can work towards buying their first property with government assistance.24:15 Have a conversation about your finances now, no matter your current situation.26:20 A few simple areas you can save money.Find out more at Fruition Financials website: https://fruitionfinancial.com.au/You can find Zack at his LinkedIn: https://www.linkedin.com/in/zackraad/