The ONE Thing cover image

The ONE Thing

430. Everyone Has a Plan Until a Bus Falls Through Your Ceiling

Dec 11, 2023
Whitney Elkins-Hutton, expert in smart investing and wealth management, shares her unique investment strategies and the philosophy behind them. She discusses building multi-generational wealth, steps to build resiliency, strategies for getting out of your head and into action, and creating truly passive income. She also emphasizes the importance of mindset and personal development in wealth building. Tune in to learn how you can strategically manage your investments for long-term success.
52:16

Podcast summary created with Snipd AI

Quick takeaways

  • Creating passive income through investing in assets that generate cash flow without requiring significant time and effort is crucial for long-term wealth building.
  • Maintaining patience, taking consistent action over time, and celebrating small milestones are essential for building long-term wealth and achieving financial success.

Deep dives

Creating Passive Income and Building Wealth

Whitney Elkins-Hutton, a successful investor and author, discusses the importance of creating passive income and building long-term wealth. She emphasizes the need to shift from active income to residual income by investing in assets that generate cash flow without requiring significant time and effort. Whitney shares her own journey in real estate investing, highlighting the incremental steps and mindset shifts needed for success. She also addresses the common challenges and misconceptions surrounding wealth building, encouraging listeners to maintain patience and trust the process. With a focus on her book 'Money for Tomorrow', she outlines the four fundamental strategies to create, keep, grow, and pass on wealth, providing actionable insights for listeners to implement in their own financial journeys.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode