You Can't Be Wealthy Without Using Leverage

Transcript

Unknown Speaker  0:01  

The purpose of wealth talk is to educate, inform, and hopefully entertain you on the subject of building your wealth. Wealth builders recommends you should always take independent financial tax or legal advice before making any decisions around your finances.

Christian Rodwell  0:19  

Hello, welcome to Episode 33 of wealth talk. My name is Christian Rodwell, the membership director of wealth builders and I'm joined by the founder, Mr. Kevin Wayland. Good afternoon, Chris. pleasure to

Unknown Speaker  0:28  

talk to you just before we get the weekend. Here we are, once again the weeks there does come around so quickly

Christian Rodwell  0:32  

don't know.

Unknown Speaker  0:34  

It's shockingly quick, isn't it? And actually, you know, what's interesting is we're having to revisit some content today.

Christian Rodwell  0:41  

We are indeed we are actually the first time I think that we're we're kind of revisiting a topic that we covered back in wealth talk Episode 11. And the title of that podcast was creating leverage using first the fi rst model, or the acronym that I know you've created Kevin to To help people really get to grips with the five different types of leverage that exist.

Unknown Speaker  1:06  

Yeah, absolutely. Leverage is a key aspect of wealth. And I'm going to go pretty well, Chris, and say it's almost Yeah, the word almost impossible to create wealth without leverage.

Christian Rodwell  1:20  

Well, I mean, that's a bold statement. Remember you said on you know, the previous episode, well talk 11 you know, it's the key in terms of building wealth. It's, it's that critical, and so, perhaps we should recap what the f IRS T stands for. For anyone who might be listening today hasn't heard Episode 11.

Unknown Speaker  1:38  

Yeah, but before I do that, I just like to say why I think it's the case and then we can dive in and just do a very quick resume of fi rst. But you know, the the reason why leverage is critical, is because for the vast majority of people, they live an unleveraged life. You're the reason why 95% of the time Population don't make it to financial independence because they do everything and slowly, you know, be like trying to drive from London, where we are to Newcastle, where I'm from and do everything in first gear. You know, we get there one way, but our car would be knackered, and he'll be slow. And this is the way that most people are doing it. So in other words, they're, they're trading time for money in a job, or in a business that's trading time for profit. And there's no leverage in that there's no recurring automatic asset based income, generally speaking, and then the money gets parked in the stock market, which again, doesn't provide any form of leverage. It just goes up and down, and sideways. So there's a mathematical restriction on what can actually happen in the stock market and more than happy to be tested on that in the long term, returns, your net of all charges, probably in the region of sort of four to 6%. And and you can't really build Welcome that you need a massive amount of money. And therefore it takes a lifetime. And the reason why most people start working at 20 and finish at 60, or 65, is it takes them that long to get to a place of being even reasonably, okay financially. And I'm just going to argue, Chris, that's too bloody slow. You know, it's not interesting. It's too slow. It's an engaging, it doesn't involve any creativity. And it certainly doesn't involve all of the different forms of leverage that it's possible to use. And as we have been talking to our own students, Chris in the foundation program, but 109 students working through that right now. And I think what we're finding is they're getting a bit of overwhelm and a little bit of confusion from time to time, not everybody. And I think it all comes down to a very clear picture on the subject of leverage, and it just means getting more, for less, getting a better outcome. For what you've already got using your own resources, and also where possible, recognizing that it's possible to use other people's resources. And what I mean by resources is the five forms of leverage. So if you want me to jump into those five questions, even as a quick reminder, so people having to listen to a whole podcast, I'm going to go ahead and do that.

Christian Rodwell  4:24  

Yeah, let's do that. Let's kick off with the

Unknown Speaker  4:26  

the F. Well, F stands for financial, okay. So financial resources or anything that really have a monetary value, or they could have a monetary value. So simply put, you know, it's using money in your home. It's using money in your pension money in your savings, money, new investments, money that's existing in your life, that you can apply a process to make that work much, much harder than by simply allocating it into the relative neutrality of the stock market and the most popular form Of that, by far, Chris is is Detlev rich, which is very simply put, taking some money and then topping it up with other people's money in order to be able to control and own another asset which creates more income. So in a very simple sense, if you could imagine a property that you buy for a couple of hundred thousand pounds, but you put 20,000 pounds as a deposit, and you borrow the rest, then 20,000 pounds is controlled, an asset worth 200,000. So if that property goes up by 10%, you know, you got a 10 times return on your initial capital. So it's very important to recognize that enhances the decisions that you're making for the positive. But equally, we certainly with debt leverage, it can work against you as well because if property prices go down, you can wipe out your capital. Now, these are simple, mathematical things to get in your head, but it's impressive Recognize that well structured, well organized and carefully thought through leverage can accelerate your wealth massively, provided you couple that with risk management. So in other words, you don't just unfetter your money and let it loose, you've got to recognize that financial leverage certainly cuts both ways, but many forms of leverage, Chris don't cut anything in any other way. But for the positive, you know, so only really financial leverage is a negative or can be a negative, which is why you have to pay attention to it. But other forms of leverage, actually, always, always, always, were for the positive.

Christian Rodwell  6:41  

Okay. So that would take us to the second which is I and I know that stands for intellect or we could say interest even. Absolutely. Everyone's got some form of intellect, the fact

Unknown Speaker  6:52  

that they're being paid for work, whether it's paid for profit or paid for a job. I think I mentioned I don't know if was on that podcast, or not Chris, it's important to try and understand, you know what, what that intellect is worth and what I think we'll cover that more in the time leverage. But everybody's got something, some measure of value that they already bring. And I always suggest, when people do that they combine this intellectual view of themselves, together with this wonderful tool we use called wealth dynamics, and see what would be logical for them to bring to the table because they already know it. And, you know, we were talking to somebody recently in the foundation where, you know, they've had a lot of experience with accountancy, but they hadn't really thought about bringing that to the business pillar, or somebody else who's a surveyor and hadn't really thought about bringing it front and center to the property pillar or somebody who's brilliant relationships, you know, that standing a team building, but when thinking about building teams in their wealth, They're trying to do it all on their own. So it's important that you look at what you're brilliant at what you're great at. And you reflect that in your wealth dynamic in your wealth building plan wherever you can. And in addition, reflect your new level of interest. You know, whatever you're thinking about doing now that fascinates you, or it fuels some level of fascination now, and this is the intellectual leverage that often we try and get people to think about using what they've done before. Don't start right from the beginning, like a newbie, and starting from scratch.

Christian Rodwell  8:36  

And I've seen seen in many cases, actually, when people have been in a job for a long time, and perhaps they're becoming slightly disillusioned with, with where they've been, and they they sometimes just want to get away completely from that environment and they forget the wonderful skills and experiences and intellect that they have there. And, as you say, that's often an overlooked area, which you can perhaps take us out of that previous You know, employee environment and and use that to your own benefit in your own business.

Unknown Speaker  9:05  

Absolutely. Right. Absolutely. Right. And, you know, so that's definitely something that we will often try and help people. The fastest way to begin your wealth journey is not to learn everything brand new, but to bring some of what you already know. And and that's definitely a key area of building wealth. The third area is Dr. Chris, which is for relationship and relationship is really critical. Because, you know, there's a whole combination of these things. So I find myself being tempted to bring in other aspects of leverage when I'm talking about any one of them. And it's really important as we're kind of midway through, just to recognize that leverage compounds upon leverage. You see your financial leverage links to your intellectual leverage. If you got some money, and you're already an expert in it, then you can combine them both. If you're great at building relationships, or you're in a position where Somebody has some knowledge that you want to seek. Actually, I'll make a point, Chris. There's a big difference between information and knowledge. And I think that's probably quite a key distinction to make just before going into the relationship one. So often people will know that if they want to learn something, what's the first place? They do? Chris, what's the very first thing that most people do? Well,

Christian Rodwell  10:29  

they will find some education of some sort. So

Unknown Speaker  10:32  

Google it, and can I google how to do that. And there's a world of difference between getting some information which is academic or which is distilled from the internet, and actually, where you combine that with experience, who've with people who put that to work, and that's what I mean by relationship. So often, if you want to learn something new then let's take an example of a property strike. g Chris anybody could pick on instead of just reading the book or doing a course, you can couple, that academic reading with the real experience of someone who's bringing that to life. You know, so they're doing it every day. They've not just made the knowledge work, or the information work. They've turned that into an experience. They've turned that into real value and they've made distinctions and distilled it. They've got connections, they've got new ways to do things, to interpret this and seeking out those people, particularly in a community of wealth, where so many people are willing sharers, the number of people I see continuing to try and build their wealth in a kind of DIY way, when it's so much easier, so much quicker, so much more fun and so less risky. If you can bring a great relationship to bed now how does that turn into negative leverage? It can't If somebody brings knowledge and experience to you, and in many cases, they'll share that with you, then that can only enhance the relationship but sites. So you know, relationships are a very key part of that. And whatever wealth dynamic you have, it's important to recognize that collaborating and working with others is the fastest way to bring that intellectual leverage to together with the financial one. So often, we combine financial, with intellect with relationship and turn that into a new plan for wealth. And that's sometimes where we find the people missing that bit, that this wanting to do, especially there, those who like to study. They want to do more academics, more academics, more academics, and you can't really do that you can get into overwhelm so quickly by trying to learn everything before you do anything. So it's definitely better to think about that relationship piece and Have somebody show you what to do, and recognize that you're going to be a giver to as you develop your knowledge and experience you share tune, it's one of the embedded values in the wealth building system Chris to be willing to both share with people behind you on the journey and accept help from people ahead of you.

Christian Rodwell  13:17  

That's right. And on subjects of relationships, you know, we're seeing that aren't we within our foundation, Facebook group with the members that are meeting up, you know, the, in similar locations and getting face to face and sharing what they're up to and creating the body groups which we have inside the foundation as well. So yeah, the relationships are super important. I mean, we we've often

Unknown Speaker  13:42  

said Chris, haven't we that whenever you feel like you're bumping against your comfort zone, or you're reaching a point where your capacity to know something, isn't there, there's always a who on the end of that what question and who was always the relationship. So being open and willing to To sort of seek out and accept relationships and in the whole idea behind our students as they come to us to try and help them accelerate those relationships or distill relationships down to people who can genuinely help them, rather than kind of randomly hoping you might bump into people that a networking meeting at this or a networking meeting of that. So I think it's really important to stress that if anyone's building wealth to try and get into a community, which is sharing and where those connections are distilled in a trusted environment, rather than a place where people see you as a new person, and seeking simply to profit from you, which you know, always makes me a bit worried. So the S stands for

Unknown Speaker  14:42  

systems

Unknown Speaker  14:42  

it does now systems is it is a tricky one, because usually you're systemising something after you've started, you know, so you can't just systemized something before you get going. So the system leverage which again is always always going to cut in your favor. allows you to think about some actions that you're taking, that you're beginning to hone. And then when you hone them, you learn much more about how to turn the work that is needed to be done to create the wealth into something that can be replicated. Now, whether that's in business, you know, we will often hear about people saying work on the business, not in it. And the whole idea behind that is if you can systemize everything that you do, and almost writer operations manual, and begin it from right from the beginning as you started, then it won't be long before everything that is possible to do. You've already got a system for it. And if you've got a system for it, you can teach it. If you can teach it, you can delegate it. If you can delegate it, it doesn't depend on you. And if it doesn't depend on you, you've got an asset. And then that asset can be sold. It can be released, it can be used, it can be purposed to continue to create wealth as a tough one. Because you've got to get started First, you know, what I find is the opposite is many people want a system before they start. And it isn't possible to do that, because you've got to get involved to to know what that system is. You might have heard a previous podcast, Chris, people talking about service accommodation, for example. And saying, Well, I don't really want to be a manager of that. And, and one of our contributors said, you may not want to be the manager, but you need to learn what needs to be done. So you can systemize it. And then you bring your own personality, which is an intellect, and you bring your own processes in systems to make all that work. So again, leverage upon leverage feeding leverage, which is just, you know, this whole combination of things, which is why it's so critical, Chris, to get started, because getting started starts to bring leverage into play. But the thing we hear more than anything else is I don't have The time, you know, some people still say to me, Hey, Kevin, I'm really interested in being wealthy, but I don't have the time. frame it don't work that way. You know, in all forms of leverage, you've got to invest time before you get the benefit of the leverage. Do you know what I mean by that?

Christian Rodwell  17:16  

I do. But perhaps you can explain further.

Unknown Speaker  17:19  

Well think in simple terms. You know, if you were doing something really simple, like if you were looking to harvest a crop, what do you have to do? First you have to sow the seed, you have to let it grow, you have to harvest it. So you put all that money in way, way, way before you get the crop. But you have to understand that once you understand it, then you know that you have to make an investment before you get the outcome. And I see too many people want the outcome before they're willing to make the investment. And it doesn't work that way. Nothing in any form of leverage works that way. You have to spend the money on time up front Before you get the outcome, which is why it's great to be taught, what the value of your leverage will be, what will be that outcome, so you can decide if it's a worthwhile investment or not. Because in the end, all wealth is about contributing to a total figure that each person would want to be completely financially independent. And if you're trying to do that in five years, or six years and seven years, not wait a lifetime, there is some investment up front. And that investment is always and little bit of money and a little bit of time. And the two must be regarded as an investment not as a cost, because it's very easy to focus on cost not on value. And and obviously we try and avoid those people Chris, we call them the drifters, don't we? And we don't like people who keep drifting, expecting everything for free and expecting everything is on a plate when it is not about the issue of time, Chris, is when people say to me, I'm not I'm interested. I don't have the time is it would always ask people to reconnect with their purpose reconnect with their reason why? Because if the reason why is strong enough, then that's a form of leverage. It's in your mind again. So the intellectual average, would you reason why will will propel you and be unstoppable if it's strong enough. If it isn't strong enough, anything will derail you, you know, a slight mishap will derail you. So it's really important. As you start thinking about that is to find enough time to get started. This is the most important form of leverage of all, because with time, you're giving permission for the other forms of leverage to come play. Without time you can't do anything. To me. If you don't give it time, you can't bring the financial leverage into play. You don't think about your intellect, you don't build relationships. You'll never ever take the time and effort to create a system to try and duplicate something and replicate something. So you always have to find the time, which is why we love the podcast, Chris because that's leverage time. And you know, we're always is about trying to create as many ways as possible to save people time. Whether it's earmarking your time in their in their life when they've got downtime, because if you think about it, and what productive time do you think people spend, Chris? When you know, if you imagine someone's got a job, and we'll use that example. And they're working 40 hours a week, and let's say they want a good salary, let's say they want 100 grand, you know, that's the equivalent of 50 pounds an hour. So take any salary have it that's the value of a job. But then there's all this unpaid commute maybe, and then you know, so you're spending so much time so the amount of hours that people will spend productively to build wealth in many cases in a week is zero. You know, if you're not sure about that, are you take the next seven days before you hear the podcast again, and just document how much time you spending in a week, in that one week, where the activity that you're engaged in, is actually building your wealth. And that's my point, that if there's so little time to do it, then anytime you can find is leverage, anytime will give the other forms of leverage permission. So, if you can find half an hour, find half an hour, you can find an hour and an hour. You remember in the last podcast, Chris, I talked about the idea of creating a business in your mind

Christian Rodwell  21:35  

we did that we're talking about Lexi.

Unknown Speaker  21:37  

Yeah. And sort of, you know, creating a virtual business. And I was talking to one of our clients today and he was saying to me that the kids have created Actually no, let me correct myself. He said he's paid one of the kids 14 year old 20 quid, right. So nice one, to design the logo. For the family business, they call five bucks. Okay, not 70 bucks, five bucks. And and that's fun. They're bringing that in. But the point is not paying the kid 20 quid to get them involved. But to think about a name that brings some value to you so that when you use your tool, your calendar, in whatever way you put five bucks time in there, or what's what was your team Rodwell or whatever it was? I think it was. So you can create time in your diary and put it in there as if it was an appointment, but the appointments with yourself, and that's a critical aspect of building wealth. And, you know, we think good leverage is probably a couple of hours a week. You know, medium leverage would be an hour a week. If you've got less than an hour a week. It's going to be very, very difficult to build and enhance your leverage points from there. So as we were thinking, Chris, we created did kind of a matrix of leverage, didn't we in terms of amount of finance available, amount of time able to build relationships and the level of connection people had, and their willingness to engage and also the strong level of intellect or interest that they've got in something now. And you can almost by talking to someone, you know, the way we do it, we can try and work out and almost always identify the best form of leverage to us today, to start with the time to start building the wealth to overcome the pain which is overwhelm. And that's the purpose of bringing this episode together to help somebody out there overcome the overwhelm because that's what's stopping people because there's too much information out there is too easy to think I haven't got loads of time fine, half an hour, you know, Anybody should find half an hour or an hour in a week. And that's what I'm hoping that this podcast will do by asking people to think about

Christian Rodwell  24:08  

what they're doing. That's been good recap of the FBI RS t, which as we say we we initially covered on wealth talk 11. And, and specifically over the last few weeks with our founding members, we've, we've found that we needed to dive a little deeper into this and where you just touched on the matrix that we put together there in one of our foundation webinars earlier this month. So perhaps for listeners, Kevin, it'd be good to maybe try and give a couple of examples. And maybe we can tie this into to the Seven Pillars. There's almost like a, a checklist of you know, how do you how do you really look at your life right now and say, well, where are my potential points of leverage? And as we've said before, if there is no leverage, then it's going to be very, very difficult to build your wealth, isn't it?

Unknown Speaker  24:51  

It's always possible to find some form of financial leverage, okay. So you know, when anyone's doing an under undertaking stocktake of their financial assets, they can look at the, you know, the Forgotten money in the equity, sometimes even in the capacity, right? So I don't know which podcast that was Chris when we talked about home capacity, but the number of our students who've, you know, taken a room, use the rent a room scheme, you know, generating whatever it is seven and a half grand tax free. And that's seven and a half grand pays for any intellectual time. They need to invest in themselves to build you know, the knowledge they need to take their wealth to the next level. So sometimes it can be really as simple as that. Another way would be to create, think we had, again, we looted last week. One of our students is bringing their kids to set up a regular was it car booting, Chris, you know, and then you take the money, and you can apply that money. And so we'll all invest that way. money into Premium Bonds, or I can invest that money in the stock market. So it was possible to find a few extra pounds, that you can then just immediately start working in the stock market or something that just shows a result. So you know that something's happening now case, I know I said, the stock market isn't a place of leverage. But sometimes it's the time leverage you get, by showing yourself that you've now got a few thousand pounds, you didn't have any, if you've already got 100,000 pounds or more, there's simply nothing should hold you back, you know, hundred thousand new pension or 100,000 pounds in savings are 100,000 pounds in some assets in your life, then that's that's high enough leverage to be able to make that work massively in one of your chosen pillars. So you know, that would be high leverage. Medium leverage would be you know, 3040 and low leverage would be you're just trying to find ways to use the debit. So again, there's a you could link to the debits process, Chris, which is the process of really examining every aspect of the finances to discover some money, but then the very discovery is half the challenge. The next challenge is then whatever money you find you put that to work into some of or what least one of the pillars, and if it's right at the beginning is normally pillar three, which is investing, just to get going. But you know, the whole thing just keeps working in this kind of compounded way. And the example I mean, you're on the, on the call,

Christian Rodwell  27:31  

actually had one example this week, I was speaking someone in, in the office and they said, You know, I was listening to one of the podcasts and I've cancelled a subscription 25 pounds a month and I said, Well, that's handy because that 25 pounds you can buy a premium bond now so no matter how small it is, you can begin

Unknown Speaker  27:49  

exactly right and you know what happens when you when you turn the wheel and that's another aspect to this, you know, turning wheels of wealth and again, that's another thing but anyway, When you when you're turning and you're moving the very momentum, think about the car analogy again, Chris, if most people as if I could do justice to this, I'm doing it on the fly. So I'll do my best. Okay? So if we use the car analogy, let's say you know, you've got a vehicle and it's parked and it's on the drive. If you're trying to be absolutely clear that everything has to be lined up, all the ducks are lined up, everything has to be understood before you go. It's like saying, I'm not going to set off until I know all the traffic lights are on green car know that. It's an uncertain world, you know. So you have to do things with with recognizing there's uncertainty. You have to get into first gear to get moving. So you get moving, but the very act of moving changes your field of vision, it changes the aspect. It changes the things around you. It gives you opportunities as ever. I'm sure someone's being an car made a wrong turn, and then found something fascinating there or just turning around and changing something, you know, brings bring something back to the table that wasn't there before. So it's just a fascinating thing. That when you make movement, that's leverage in itself, and it changes you. And it brings other leverage into play. It starts to change you as a person, your brain changes. And the whole thing is about that. So I would say, anybody please take step one?

Christian Rodwell  29:30  

Well, and continuing on the car analogy there, Kevin, as you began, and as you know, looking at new cars at the moment, so there's a great app now called get around where people can actually rent out their car to people when it's not being used. And so you know, having a look on there and I'll sudden look at the Audi's and literally for 40 pounds or whatever, I could rent that for day driving around, get a good feel for it, and I could try that with a few cars but what a great way to leverage your car. If You're at work and it's sitting there and you don't have to be hands on at all. And you can cover the cost of your insurance perhaps per month for or even more.

Unknown Speaker  30:08  

Yeah. But we know there are so many ways to discover financial leverage. And again, going back to the intellect, just you know, what is it you're really good at? What is it you really interested in? And start with something that's reasonable, you know, there's no point thinking about creating a multi million pound business, just start with something small, and then your ideas will grow from there. So I think we've got the message across really.

Christian Rodwell  30:31  

So is there anything else to add, then Kevin, because obviously, we've been having many calls recently, and through our observations of where someone should start or why they why they should be getting stuck with with this topic of leverage.

Unknown Speaker  30:45  

It's always going to come down to overwhelm Chris, it's going to it's going to come down to that. And that's the most common reason why and I think if we've covered why you shouldn't just be seeking information and more reading more reading More reading more food for thought, stop thinking, find one form of leverage, take some form of action, put the wheels in motion and get going. That will be my advice to people who are on the podcast or struggling. And when it comes to our own students, obviously we know the balance of their wealth dynamic. We know their finances, we know their intellect, we know their capacity, our willingness to build relationships, systems, we don't worry about the beginning. We just need to find their time and we can work out and help them choose the right starting point. But we know that people listening on the podcast may not have the benefit those coaching calls, Chris. But to do something that at least hopefully, you know, in this, we're giving some aspect of that, but we're opening the foundation. Again, at some point soon. And we know we will be

Christian Rodwell  31:48  

yes, we think we did lose maybe a couple of months ago that we'd be looking at opening again in October, but I think we've decided that will probably delay things just until the start of next Just so that we can give the very most time attention and value to our existing founder members, and and then open the doors fresh for 2020, which I'm most definitely looking forward to.

Unknown Speaker  32:11  

No, that'd be great. And is there a? Is there a link where people can register their interest so that when we launch it, they get to know about that cruise?

Christian Rodwell  32:20  

Yeah, definitely the best place is to head to wealth builders.co.uk forward slash foundation. And all the details of the program are there and if you scroll to the bottom, you'll see some big red buttons where you can join the waiting list and just be updated as we get closer to that time of reacting. I think

Unknown Speaker  32:37  

by that time, you know, when we've been working with the current group for been nine months or so, we'll have so many case studies that we can share to enhance that. So you're just registering and being interested. You will see the testimonials of people making dramatic differences and sometimes you know, they need to remind you to remember this week actually, we had one of our students and we talked them about finding their financial resources and their pensions and remember what he said he found this week do indeed,

Christian Rodwell  33:06  

yes, an extra 50,000 pounds,

Unknown Speaker  33:09  

that's a hell of a lot of money just to find. And that's because we're prompting. So there's 10 billion or so out there and forgotten pension. So maybe start there, look at the government tracing agency, if you've worked with a company, that's, you know, no longer there, or an insurance company that's been bought out, or sold to another one. There's so many different places you can find money. So revisit some of those things in debits, Chris will put a link to the show notes on debit. And hopefully we'll get some stories from people who discovered some money, found a new form of leverage and beginning to build their wealth on their own terms. Yeah.

Christian Rodwell  33:45  

And if anyone listening right now, if you have questions, then there's two places you can either head over to the wealth builders, Facebook community that's open for everyone who wants to learn more about building wealth to join absolutely for free. And that's welcome. dot co.uk forward slash Facebook and you can post in there. If you have questions about today's episode, then myself and Kevin will be diving in there to answer those. And of course, if you want to ask a specific question to myself and Kevin, then you can head over to wealth builders.co.uk forward slash wealth talk. And there's a button there. And that speak pipe and you can just hit that and record a short message. And we'll pick that up and be happy to answer that on a future episode.

Unknown Speaker  34:28  

Well, listen, I hope, the leverage of a podcast so you can whatever you're doing or be interested, you know what people do, maybe on that terrible commute of two hours each way or maybe they're in the gym, or maybe they're doing their walking the dog, whatever they're doing. Just be great to know that this is stimulated, you take some form of action. Don't get caught in overwhelm. Find a form of leverage. Get yourself in first gear, get moving. Don't make it a lifetime. Let's get you wealthy within a few years, not in 40 or 50 years. wish you all good

Christian Rodwell  35:00  

Thanks, Kevin. I've enjoyed today, as always, and look forward to catching up on the next episode of wealth talk. We'll see you.

Unknown Speaker  35:10  

We hope you enjoyed today's episode. Don't forget that we are constantly updating our resources inside the wealth builders membership site to help you create, build and protect your wealth. Head over to wealth builders.co.uk slash membership right now for free access. That's wealth builders.co.uk slash membership

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