Joining us in the booth this week is Crosby Enninful a chartered FCCA accountant with over 12 years experience and founder of Egbenn Accountancy Services which he has been running for 5 years.

In this episode we discuss:

- The importance of being strategic with your career

- Why you should value learning skills over money

- How Crosby went from £18,000 to over six figures

- 4 habits you need to adopt to help you build wealth

- Creating an automated system around your money

- How to not let your budget diminish your quality of life

- How to avoid lifestyle inflation

- The importance of passive income and the dangers if you don’t have one

- People being good at creating wealth but not preserving it and much more

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TIMESTAMPS

00:00 - Preview

01:00 - Intro

01:35 - Meet Crosby Enninful the Accountant

03:50 - Growing up in Essex

05:54 - When you’re younger you don’t really appreciate your parents

09:30 - Staring at £18,000 as an accountant trainee

13:15 - Saving is just as important as having good credit!

16:02 - If you want to earn more money you have to move around!

19:09 - Getting a £1k pay rise, felt like a slap in the face

20:15 - Job promotions are scams (sometimes!)

23:26 - It was just about earning more, it was about upskilling

25:41 - Did my expenses change even though I earn six figures?

27:02 - I don’t like money in my account that is not mine!

28:33 - Pro’s and cons of setting up your own accountancy firm/business

31:00 - The biggest surprises with business

32:42 - Your team is vital to creating a successful business

34:05 - 4 habits to build Wealth in 2024 and beyond

43:08 - Can budgeting help you build Wealth?

46:17 - Budgeting can make you stingy…how to counter this!

49:26 - Reward yourself to where you are NOT what you have

54:29 - Millionaires and the myth of Seven Sources of Income

56:11 - The most surprising Income I’ve seen…!

59:08 - The importance of Passive Income & dangers if you don’t have one

01:03:01 - People good at creating Wealth but not preserving Wealth!

01:08:23 - Final words

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