eevBLAB 92 - The Wealth Equation

How to build wealth. It’s not rocket science. 00:00 - How to build wealth 01:29 - The Wealth Equation 02:41 - Investing is NOT the way to get wealthy! 03:35 - The #1 way to build wealth is... 04:11 - Different forms of income 05:01 - Expenses 07:47 - Don’t buy a new car or new iPhone! 08:48 - Asset investment return 09:51 - Pesky inflation 10:26 - Being your own bank and real estate investment 10:54 - Emergency cash 11:42 - Screw you money 12:03 - The benefit of offset accounts and property loans 13:19 - Other asset classes 14:53 - Spead your risk across a balanced asset portfolio 15:38 - Things can BOOM or BUST 17:02 - The BEST wealth driver is your business! 21:35 - The power of asset utilisation for reducing expenses 22:34 - Let’s go the spreadsheet 28:30 - The big takeaway is... Forum: Subscribe on Odysee: @eevblog:7 EEVblog Web Site: The 2nd EEVblog Channel: EEVd