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In this video, Jason Whitton walks us through the three things that every investor, property or otherwise, needs to master before they can start generating serious wealth. Knowing the difference between good and bad debt, the importance of keeping your money in locations with low interest rates and diversifying your assets is key. How do you do this? Let’s Wealth Coffee Chat!
00:00 – Introduction.
02:05 – Show starts – Welcome to Wealth Coffee Chats.
04:21 – There are 3 pieces to the puzzle when it comes to the world of wealth. What are they?
07:09 – Understanding the meaning behind debt, tax structures and assets.
10:00 – Learn how to eliminate bad debt – credit cards, car loans etc all impact your ability to borrow.
12:30 – Good debt exists and can boost your ability to earn wealth.
15:08 – Mastering tax could be worth tens of thousands of dollars to you each year.
17:42 – SMSF – Putting your money in places that attract lower rates of interest.
18:57 Conclusion – Diversifying your assets is key.
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