WT004: How To Uncover Hidden Money In Your Life Using D.E.B.I.T.S
WealthTalk - money, wealth and personal finance.
English - February 27, 2019 12:48 - 28 minutes - 26 MB - ★★★★★ - 7 ratingsInvesting Business Education wealthtalk finance wealth kevin whelan money christian rodwell wealthbuilders wealth builders assets property Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: WT003: The 5 Levels of Wealth and Knowing Your Reason ‘Why’
Next Episode: WT005: Wealth Mindset
If wealth can only be achieved through assets, then what exactly is the definition of an asset? Today Kevin and Chris talk about the Foundation, and share a process called D.E.B.I.T.S which anybody can take a closer look at and make some changes to reveal some extra cash in their lives instantly.
In this episode of WealthTalk, Christian and Kevin discuss:
The two types of income: work income and asset incomeYou cannot be wealthy without being in the wealth managementbusiness, which you can delegateHow to reveal additional cash in your life without penny-pinchingHow to eliminate debt fastThe importance of making sure that a portion of your monthly
outgoings are being directed towards building your wealthA strategy for getting your wealth-building education for freeUsing a low cost tracker fund is one of the simplest assets to begin
accumulating wealthDebt Free Day - the day of the year in which employed people have to
work until before they start to earn income after paying tax Hidden
costs and charges which can eat into your wealth
Links and a full transcription of this episode can be found at www.wealthbuilders.co.uk/wealthtalk