E1: What they won't teach you in school

13/03/2023 26 min Temporada 1 Episodio 1
E1: What they won't teach you in school

Listen "E1: What they won't teach you in school"

Episode Synopsis

In Episode 1 your host Alex Robertson is explaining his journey to entrepreneurship, escaping the system and the corporate machine.Highlights:- This not financial advice always take professional advice.- The Real Wealth podcast is aimed at opening your eyes to the potential of financial freedom and living a life on your own terms.- We are all brought up through a system that is designed to pump out employees into the workforce and pay the majority of your earnings to the government through direct tax, indirect tax and stealth tax.- Learn to master the “4 C’s in Wealth”: Control – learn to manage your money, budget and save Create – Learn all the different wealth creation strategies, all of which we will be exploring in future podcastsCompound – the power of growing wealth through reinvestmentConserve – learn to protect your newly created wealth, with diversification of investment and tax avoidance strategies.- The Game Changer, reading Rich Dad Poor Dad by Robert Kiyosaki:Pay your self first: Never increase your outgoings to a point where you can first save a targeted portion of your incomeBuy Assets not Liabilities. Put simply an Asset puts money in your pocket, a liability takes it out. NOTE: Your house is not an Asset.Master your mindset to master your moneyTo create wealth you must take risks. Risks = RewardsESBI Quadrant & Passive Income:Two thirds of your life you are working for the government, understanding tax and how to avoid it, is fundament to building wealth.Use good debt to build your wealth and avoid bad debt (to buy things you can’t afford and don’t need).Learn the power of compounding. The example of the penny multiplier:Resources:-        Our story on Starting Real Estate Wealth Development and going for 0-200 properties in two and a half years: https://rewdtraining.co.uk/essentials-course-page/-        Following Real Property Training, for more tips on property investing:o   You tube: https://www.youtube.com/channel/UC1JmktMGRuEpPalLqndDRRwo   Facebook: https://www.facebook.com/profile.php?id=100089657347374-        Join our Real Property Community on Facebook: -        Our Book: Fast track to Property Millions: Fast-Track to Property Millions: Amazon.co.uk: Duncan, Laurie, Robertson, Alex, Tracey, Conar: 9781739854379: Books Contact:Instagram: @rewdgroupalex Facebook: https://www.facebook.com/profile.php?id=1582881827Linked in: https://www.linkedin.com/in/awrproperty/Email: [email protected]