Michael Carmody (Founder and Director)

I began my working career not in the financial service industry, but in sport and recreation. I was a manager of various recreation centres around Perth. Playing cricket, time with friends was my focus for my early adult years. I did, however, save hard and was fortunate enough to live in UK for 12 months and play cricket and travel.

One thing I often tell my clients, is the only constant in life is change. This has been so true for me. Thinking that sport and recreation would be my future, I soon found myself at university again, studying teaching (best thing I ever did, as this is where I met my beautiful wife, Vanessa). I began my teaching career as a Math’s Teacher and within a very short time moved into Deputy Principal roles. With the birth of my first daughter (we have 3 daughters) another significant change happened again for me. I became interested in the financial world thinking about my daughter’s future and her education (Maybe I was a helicopter parent!) but before I knew it, I had completed my studies and became a Financial Planner.

Being a CFP is the best decision I have ever made at a career level and a personal level. I started at a bank and then quickly moved to a much larger financial advice firm where I was a Directing Partner. This was a fabulous business with fun times, however, I knew that my wife and I could create our own story (our own business). We knew it would be hard work and it would require dedication and passion, but we were up to the challenge.  We wanted a culture of not only gold standard professional service but a culture of holistic practice where we can HELP people to declutter their lives, be it financial or anything attached to their finances! I love to help people, and this is why I do what I do. I love our clients and I love what we do. I love that our clients love what we do!

Michael Carmody (Founder and Director)

Vanessa Carmody (Founder)

I remember when I was growing up my parents had such different perspective around money. My Dad, was more of a risk taker and you only live once kind of attitude, let’s spend and enjoy the moment. My mum was the epitome of the conservative. We must be careful, we must watch what we spend, we need to have money for a rainy day. I remember this always causing anxiety for me. What was I going to be like…. Mum or dad……?

As I became an adult, I still wasn’t sure what my own philosophy around money was….. that was until I started teaching! Yep, I was a secondary teacher and I loved it! I loved it because I loved seeing the students develop and grow and achieve results, behaviours and positive thinking that they never thought possible. I loved helping them and I loved teaching them to set goals, plan their day, week, term etc  for all the important things in life (sport, music, school, study, family, friends). Teaching them, that it is possible to balance all these facets of life was so very rewarding.

After teaching school students, I went on teaching in the adult learning environment and realized the exact same thing happens with adults.  Adults also need to set goals and have a plan if they want to achieve an outcome (whether that be sporting, career, weight loss, health, money etc).

So…what did this mean for my view on money…. I realized that understanding my life from a holistic perspective and having a plan and some goals, was my philosophy. I can be risky or conservative, that is fine, but I just need to have a plan and stick with it.

Working with both adolescence and adult communities, it became apparent that humans struggle to make a change – we have no resilience if change happens or if we need to change our habits. For example, lose weight, start exercising more, saving money for something important etc.

To support the clients I work with in making a change, I proudly completed a degree as a ‘certified coach’. I found the skills I learnt through this degree to be a ‘game changer’. These skills enabled me to empower my clients to not only get excited about a new goal but to action it.

I love being a team member at Viva Wealth where my skills are used to ensure the client experience is holistic and that the clients have growth from the inside out…

p.s. we now have many of our teaching colleagues and our students that we taught as our clients…. We are so proud 😊

Vanessa Carmody
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