WealthTalk - money, wealth and personal finance.

One of the most widely used assets to generate wealth in the UK is property. However, there are so many different ways to invest in property, and in today’s episode Kevin Whelan & Christian Rodwell begin to look at some of those different strategies, and who they may be best suited to. As with all of the 7 Pillars of Wealth, the process for generating recurring income involves turning the wheel of wealth, and that always begins with education.Resources Mentioned In This Episode:Episode 009 - The Wheel of WealthEpisode 011 - Creating Leverage Using F.I.R.S.TTake the Wealth Dynamics Test*Find Out More About The WealthBuilders Foundation Programme. *A step by step process to help you create, build and protect your wealth.https://www.wealthbuilders.co.uk/foundationRegister for Free Access to the WealthBuilders Membership Sitehttps://www.wealthbuilders.co.uk/membershipIf you have been enjoying listening to WealthTalk - Please Leave Us A Review!

If you’re currently in drifting mode then today’s episode might just provide the kick-start you need to re-focus on your own plan for building wealth. You’ll hear from four of our members who took action by joining the WealthBuilders Foundation Programme when we launched in May, and some of the positive actions they’ve already taken within their first 90 days. Show contributors - Louise Righton, Jon Dale, Henry Austin, Rupert Day.Find Out More About The WealthBuilders Academyhttps://www.wealthbuilders.co.uk/academy

The principle of due diligence is risk mitigation. Wealth is about managing returns and managing risk. In today’s episode Kevin Whelan shares 5 areas which may be useful for you to check off when approaching your own research into investment opportunities. You’ll also hear some alternative investing strategies from two more WealthBuilder clients including crowdfunding and investing in businesses. Show contributors - Michelle Bryant, Mike Hedgecox.Resources Mentioned In This Episode:Listen to Episode 06 - Using Wealth Dynamics to Find Your Personal FlowListen to Episode 09 - The Wheel of Wealth5 STEPS OF DUE DILIGENCE:PersonalProductPeoplePropertyProcessCLICK HERE FOR FREE MEMBERSHIP ACCESSClick Here To Find Out More About The WealthBuilders Foundation ProgrammeLinks to all WealthTalk podcast episodes can be found at www.wealthbuilders.co.uk/wealthtalkJoin the WealthBuilders Facebook Group: www.wealthbuilders.co.uk/facebook

It's important to know what would happen and who could make decisions to keep your assets protected, well maintained, well organised and structured and continue to do that if for any reason you weren't able to. WealthBuilding is a management process. There needs to be some management, not least because things change, tax laws change our health changes, our relationships often change. We focus on the different types of Trust, Wills and Lasting Power of Attorney in this week’s episode of WealthTalk.Resources Mentioned In This Episode:Listen to Episode 008 - Protecting Your Assets [The ROOF]Listen to Episode 018 - SSAS Pensions [The Director’s Pension]Make, register or end a Lasting Power of AttorneyWording to check how your home is owned:The Title Register Document will show the names of the people that own the property and, if you are tenants in common will also have wording similar to: "No disposition by a sole proprietor of the registered estate (except a trust corporation) under which capital money arises is to be registered unless authorised by an order of the court".If there is no such wording in the Title Register Document then you are almost certainly joint tenants.CLICK HERE FOR FREE MEMBERSHIP ACCESSClick Here To Find Out More About The WealthBuilders AcademyLinks to all WealthTalk podcast episodes can be found atwww.wealthbuilders.co.uk/wealthtalkJoin the WealthBuilders Facebook Group: www.wealthbuilders.co.uk/facebook

Invest at low cost, look to diversify your investments and always do your due diligence to mitigate risk. These are some of the key lessons from today’s episode of WealthTalk, where we carry on from last week’s introduction to Pillar 3, investments. You’ll hear from two WealthBuilder clients who share differing approaches to investing, and if the investment pillar is one that interests you, then it’s important to find a process that will be well suited to you. Show contributors - Jeremy Downing, Manish Kataria.Resources Mentioned In This Episode:Listen to WT0021 - Why most investments are C.R.A.PClick Here To Find Out More About The WealthBuilders AcademyLinks to all WealthTalk podcast episodes can be found at www.wealthbuilders.co.uk/wealthtalkJoin the WealthBuilders Facebook Group: www.wealthbuilders.co.uk/facebookCLICK HERE FOR FREE MEMBERSHIP ACCESS

Pillar 3 [Investments] is where many people will have their money ‘parked’ in the hope that it works out positively in the long run. Unfortunately with any market there is very little control that any individual can have in dictating the outcome. In today’s episode Kevin Whelan dispels some common beliefs around investments and shares his own C.R.A.P model to help you make better investing decisions.Resources Mentioned In This Episode:Listen to WT007 - The 7 Pillars of WealthListen to WT009 - The Wheel of Wealth[CLICK HERE FOR FREE MEMBERSHIP ACCESS]Click Here To Find Out More About The WealthBuilders AcademyLinks to all WealthTalk podcast episodes can be found at www.wealthbuilders.co.uk/wealthtalkJoin the WealthBuilders Facebook Group: www.wealthbuilders.co.uk/facebook

How much time do you dedicate to building wealth? Today Kevin and Christian discuss the idea that anybody can become wealthy in 10 years, and that just by dedicating 1 day per month to focus on this would yield results. You’ll hear from 3 more members of the WealthBuilders Community who have managed to carve out more time for themselves through different approaches, freeing up more time to focus on their chosen pillars of wealth.Resources Mentioned In This Episode:Listen to WT011 - Creating Leverage using F.I.R.S.TThe Pomodoro TechniqueTake the Wealth Dynamics TestRegister for free access to the WealthBuilders Membership Site to watch the pension videos mentioned in this episode - https://www.wealthbuilders.co.uk/resourcesClick Here To Find Out More About The WealthBuilders Academy - https://www.wealthbuilders.co.uk/academyLinks to all WealthTalk podcast episodes can be found at www.wealthbuilders.co.uk/wealthtalkJoin the WealthBuilders Facebook Group: www.wealthbuilders.co.uk/facebook

Is it time for you to take control of your pension? As well as reviewing the lessons learned from members of the WealthBuilders Community who kindly shared their experiences over the previous 2 episodes, Kevin and Christian discuss the difference between a SIPP and SSAS, as well as Defined Benefit Schemes. Resources Mentioned In This Episode:Are you eligible for a SSAS Pension? Find out here - https://www.wealthbuilders.co.uk/ssaseligibilityRegister for free access to the WealthBuilders Membership Site to watch the pension videos mentioned in this episode - https://www.wealthbuilders.co.uk/resourcesClick Here To Find Out More About The WealthBuilders Foundation ProgrammeLinks to all WealthTalk podcast episodes can be found at www.wealthbuilders.co.uk/wealthtalkJoin the WealthBuilders Facebook Group: www.wealthbuilders.co.uk/facebook

What is a SSAS Pension? SSAS stands for Small Self Administered Scheme. It’s a type of pension that is available to business owners, and allows access to private pension funds before the age of 55. In this episode you’ll hear from 3 members of the WealthBuilders Community who have transitioned from corporate jobs and used their pension in the form of a SSAS to start and grow their own businesses and build their wealth. Show contributors - Chris Henry, Paul Watson, Mark Stokes.Resources Mentioned In This Episode:Are you eligible for a SSAS Pension? Find out here - https://www.wealthbuilders.co.uk/ssaseligibilityMark Stokes SSAS Pensions book on AmazonRegister for free access to the WealthBuilders Membership Site to watch the pension videos mentioned in this episode - https://www.wealthbuilders.co.uk/resourcesClick Here To Find Out More About The WealthBuilders Foundation ProgrammeLinks to all WealthTalk podcast episodes can be found at www.wealthbuilders.co.uk/wealthtalkJoin the WealthBuilders Facebook Group: www.wealthbuilders.co.uk/facebook

This week’s discussion is around Pillar 2 - Pensions. Specifically, lost pensions. 1.6 million lost pensions pots worth nearly £20 billion could remain unclaimed according to latest research from the PPI (Pensions Policy Institute). And the good news is, the process of finding out is really simple. You’ll hear from three members of the WealthBuilders community who share their story of how they were able to trace lost pension money, with a combined total of over £400,000 being rediscovered - now accessible and ready to put to work within one of the other pillars. Show contributors - Andrew Abaza, Chris Cooke, Veronica Franks.Resources Mentioned In This Episode:Pension Tracing Service [Gov.uk] - https://www.gov.uk/government/news/new-pension-tracing-service-website-launchedRegister for free access to the WealthBuilders Membership Site to watch the pension videos mentioned in this episode - https://www.wealthbuilders.co.uk/resourcesClick Here To Find Out More About The WealthBuilders Foundation Programme - https://www.wealthbuilders.co.uk/foundationLinks to all WealthTalk podcast episodes can be found at www.wealthbuilders.co.uk/wealthtalkJoin the WealthBuilders Facebook Group: www.wealthbuilders.co.uk/facebook