The Progressive Property Podcast Wealth Secrets: Unlocking your route to Financial Freedom with Kevin Whelan
Kevin is joined by wealth creation expert Kevin Whelan to discuss innovative strategies for building financial independence. From leveraging the power of SSAS pensions to exploring the seven pillars of wealth, Whelan shares eye-opening insights and practical advice that will inspire listeners to take control of their financial future. Tune in to discover how you can create multiple streams of recurring income and set yourself and your family up for generational wealth.
KEY TAKEAWAYS
- Wealth creation means generating multiple streams of recurring income to create life certainty in an uncertain world, not just for yourself but for the next generation.
- There are seven key assets you can use to build wealth: home equity, pension, investments, property portfolio, business, intellectual property, and joint ventures/collaborations.
- SAS pensions allow small business owners to take control of their pension funds, invest in various assets, and even lend money back to their own businesses for growth.
- Adding your spouse and children (once they turn 18) to your SSAS pension creates a powerful vehicle for tax-efficient contributions, wealth-building, and generational financial education.
- Intellectual property is a valuable asset that most people underutilise, you can find ways to repackage, repurpose, and redistribute your expertise to multiply your value.
- Joint ventures and collaborations allow you to combine different people's strengths, perspectives, and resources to ethically serve others and create wealth together.
BEST MOMENTS
"Wealth only comes from the application of education plus commitment to take some action. You can't just learn, which is what most people will do."
"SAS allows people to build wealth today, not wait for tomorrow."
"We have the right and responsibility to educate our own children about money. They're going to live on average now to a hundred. So they're either going to have to get the lesson, otherwise, they're going to be working until they're 80."
"One of the best things I ever did in 2016 was setting up my SSAS, my pension, my future for my kids."
ABOUT THE GUEST
Kevin Whelan is one of the UK’s leading experts and authorities on creating wealth. He’s an economist, author and the founder of WealthBuilders, an organisation dedicated to helping ambitious employees and time-poor business owners create multiple streams of recurring income independently of their job or business. Kevin teaches a simple, step-by-step, easy to follow processes that anybody can use to build wealth.
Kevin and WealthBuilders are on a mission to help 50,000 families completely transform their wealth and become financially independent He has a credible track record in helping business owners create streams of recurring income both inside and outside of their company and assisting employees to jump off the corporate treadmill.
Access some free resources by visiting this website:
https://www.wealthbuilders.co.uk/progressivepodcast
VALUABLE RESOURCES
MSOPI – Multiple Streams of Income:
https://www.progressiveproperty.co.uk
ABOUT THE HOST
Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.
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