WealthTalk - money, wealth and personal finance.

WT007: The 7 Pillars of Wealth


Listen Later

Wealth comes from the ownership and control of assets, and the good news is ...there are only 7 assets to choose from to build your wealth. In this key episode of WealthTalk you’ll learn what each of the 7 assets are, and why at WealthBuilders we refer to them as ‘The 7 Pillars of Wealth’.

In this episode of WealthTalk, Christian and Kevin discuss:

  • A reminder of Kevin Whelan’s definition of an asset
  • The reason why so many people never build wealth is because their money is ‘parked’ in either one or more of the first three assets
  • The difference between an asset that generates cash flow and a latent asset
  • The biggest mistakes that people make with each of the different asset classes
  • Why your home isn’t an asset ...but some ideas as to how you could it into one
  • SSAS Pensions: the best kept financial secret?
  • The 4 entrepreneurial pillars
  • Why it’s so important (and so easy) to implement a little risk mitigation to your assets

Links and a full transcription of this episode can be found at www.wealthbuilders.co.uk/wealthtalk

Join the WealthBuilders Facebook Group: www.wealthbuilders.co.uk/facebook

Join the WealthBuilders Membership Site for Free: https://membership.wealthbuilders.co.uk/login

...more
View all episodesView all episodes
Download on the App Store

WealthTalk - money, wealth and personal finance.By Kevin Whelan and Christian Rodwell

  • 5
  • 5
  • 5
  • 5
  • 5

5

2 ratings


More shows like WealthTalk - money, wealth and personal finance.

View all
The Meaningful Money Personal Finance Podcast by Pete Matthew

The Meaningful Money Personal Finance Podcast

86 Listeners

The Property Podcast by Rob Bence and Rob Dix from The Property Hub

The Property Podcast

59 Listeners

The Money To The Masses Podcast by Damien Fahy

The Money To The Masses Podcast

13 Listeners

This is Money Podcast by This is Money

This is Money Podcast

37 Listeners

Disruptors by Rob Moore

Disruptors

114 Listeners

The Progressive Property Podcast by Kevin McDonnell

The Progressive Property Podcast

5 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

7,294 Listeners

The Money Podcast by Rob Moore

The Money Podcast

19 Listeners

Property Magic Podcast by Simon Zutshi

Property Magic Podcast

4 Listeners

James Sinclair's Business Broadcast by James Sinclair

James Sinclair's Business Broadcast

3 Listeners

The High Performance Podcast by High Performance

The High Performance Podcast

618 Listeners

Switch Your Money On by Hargreaves Lansdown

Switch Your Money On

2 Listeners

Many Happy Returns by PensionCraft

Many Happy Returns

36 Listeners

Making Money by Damien Jordan & Timeyin Akerele from Most

Making Money

9 Listeners

The Commercial Property Podcast by Suzi Carter

The Commercial Property Podcast

1 Listeners