The Savvy Wallet Podcast

In this episode, Ato speaks with Joseph Obeng is a qualified financial advisor with over 12 years in the financial services industry. He’s the author of Flow State Money, a book that blends psychology and personal finance to help you manage money with clarity and confidence. In this episode we discuss: - The obsession with buying property - The societal pressure of getting on the property ladder - Investing in property vs investing in the stock market- Is renting throwing away money? - How the stock market could fast-track your financial freedom - How to design the life you want and much more Connect with Joseph: Instagram - https://www.instagram.com/joefinancialplanning [https://www.instagram.com/joefinancialplanning] Grab a copy of Joseph's book "Flow State Money" here: https://amzn.to/45fDf3p [https://amzn.to/45fDf3p] 📩 Sign up to my mailing list to be the first to know about upcoming events: ⁠⁠⁠⁠http://eepurl.com/hJEcLL⁠⁠⁠ [http://eepurl.com/hJEcLL] 💼 What's in The Wallet Submit any question anonymously and it may get answered in future episodes. Drop your question here: https://tally.so/r/w5gzdE [https://tally.so/r/w5gzdE] 🤝 Sponsor Tide - Earn up to 4.22% AER Variable on your business savings here: ⁠⁠⁠⁠⁠⁠https://www.tide.co/offers/savvywallet/⁠⁠⁠⁠⁠⁠ [https://www.tide.co/offers/savvywallet/] You'll get a free £100 when you use the code ‘SAVVYWALLET’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. Save more, earn more—up to 4.22% AER (variable). Interest rates are tiered, with the top rate for balances over £1M. Each tiered rate applies to the portion within that range. New Tide members get these rates free for 6 months; after that, your Tide plan’s rates apply. For the full offer T&Cs visit ⁠⁠⁠⁠⁠⁠tide.co/savings.⁠⁠⁠⁠⁠⁠ [tide.co/savings.] 🤝Partners Black Business Show - Get 15% of tickets with the code "UKBB15" https://www.birminghamblackbusinessshow.co.uk Check out our partners who offer Stocks and Shares ISA and more: ⚡️Hargreaves Lansdown ⚡️ ⁠https://hl.7eer.net/B0mz50 [https://hl.7eer.net/B0mz50]⁠ Capital at risk ⚡️Interactive Investor ⚡️ ⁠⁠⁠⁠⁠⁠https://prf.hn/click/camref:1101l3RTLM/ar:SW⁠⁠⁠⁠⁠⁠ [https://prf.hn/click/camref:1101l3RTLM/ar:SW] Capital at risk Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

In this episode, Ato speaks with Perry, a cab driver, property entrepreneur, author and went on the journey of financial independence at the age of 57 and he achieved financial independence (light) in 3 years. In this episode we discuss: - Why Perry decide to change his life at 57 - Shifting from 40 hours a week or 80 hours a week to make extra income - How he managed to buy multiple properties on a minimum wage - How he achieved financial freedom 'light' in 3 years - The mindset required to attain a wealthy life - How anyone can change their financial life and gain financial freedom much more Connect with Perry: https://www.youtube.com/@StupidIsTheNorm Grab a copy of Perry's book "Minimum Wage Millionaire" here: https://amzn.to/3SsC3Cf 📩 Sign up to my mailing list to be the first to know about upcoming events: ⁠⁠⁠http://eepurl.com/hJEcLL⁠⁠ [http://eepurl.com/hJEcLL] 🤝 Sponsor Tide - Earn up to 4.22% AER Variable on your business savings here: ⁠⁠⁠⁠⁠https://www.tide.co/offers/savvywallet/⁠⁠⁠⁠⁠ [https://www.tide.co/offers/savvywallet/] You'll get a free £100 when you use the code ‘SAVVYWALLET’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. Save more, earn more—up to 4.22% AER (variable). Interest rates are tiered, with the top rate for balances over £1M. Each tiered rate applies to the portion within that range. New Tide members get these rates free for 6 months; after that, your Tide plan’s rates apply. For the full offer T&Cs visit ⁠⁠⁠⁠⁠tide.co/savings.⁠⁠⁠⁠⁠ [tide.co/savings.] 🤝Partners Black Business Show - Grab FREE tickets with the code "SAVVYFREE" https://www.birminghamblackbusinessshow.co.uk Check out our partners who offer Stocks and Shares ISA and more: ⚡️Hargreaves Lansdown ⚡️ ⁠https://hl.7eer.net/B0mz50⁠ Capital at risk ⚡️Interactive Investor ⚡️ ⁠⁠⁠⁠⁠https://prf.hn/click/camref:1101l3RTLM/ar:SW⁠⁠⁠⁠⁠ [https://prf.hn/click/camref:1101l3RTLM/ar:SW] Capital at risk Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. TIMESTAMPS 0:00 - Preview 0:56 - Intro 1:31 - Meet Property Investor Perry Wilson 6:12 - Why I stopped working as a bartender 11:45 - I started working 80 hours a week 14:02 - Why I decided to buy a property & how much it cost 15:48 - Tide Ad 21:05 - Becoming financially free light 22:16 - This property was a nightmare! 24:45 - How I learnt to raise money for property 26:13 - Buying a 10 property deal 29:20 - Losing 40% of my rental income 31:56 - Millionaire mindset 34:16 - Why I decided to use the buy to let strategy 38:46 - Challenges with scaling my buy to let portfolio 45:12 - Can you really buy property with minimum wage? 50:51 - Steps to financial independence 55:17 - How much should you roughly save for a first rental property? 59:08 - Second jobs/side hustles will supercharge your earnings 1:07:28 - Why I’m so disciplined 1:09:50 - My retirement goal 1:15:15 - How to start raising money for your property 1:22:00 - Is buy to let still viable in 2025? 1:23:08 - Perry’s book: “Minimum Wage Millionaire” 1:26:44 - Final words Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

Live at the Morningstar Investment Conference, Ato speaks with 4 investing experts on how to build wealth through the stock market. In this video we discuss: - How to build wealth through the stock market - What they wished they had known sooner - Their number one advice for investors - Why waiting to invest can cost you - Biggest mistakes investors make - Where Morningstar see potential opportunities in the stock market and much more Connect with Ruli Viljoen https://www.linkedin.com/in/ruli-viljoen-056907103 Connect with Saftar Sarwar https://www.linkedin.com/in/saftar Connect with Mark Sanderson https://www.linkedin.com/in/mark-sanderson Connect with Mark Preskett https://www.linkedin.com/in/mark-preskett-cfa-577b3113 📩 Sign up to my mailing list to be the first to know about upcoming events: ⁠⁠⁠⁠http://eepurl.com/hJEcLL⁠⁠⁠ [http://eepurl.com/hJEcLL] 🤝Partners Tide - Earn up to 4.22% AER Variable on your business savings here: ⁠⁠⁠⁠⁠⁠https://www.tide.co/offers/savvywallet/⁠⁠⁠⁠⁠⁠ [https://www.tide.co/offers/savvywallet/] You'll get a free £100 when you use the code ‘SAVVYWALLET’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. Save more, earn more—up to 4.22% AER (variable). Interest rates are tiered, with the top rate for balances over £1M. Each tiered rate applies to the portion within that range. New Tide members get these rates free for 6 months; after that, your Tide plan’s rates apply. For the full offer T&Cs visit ⁠⁠⁠⁠⁠⁠tide.co/savings.⁠⁠⁠⁠⁠⁠ [tide.co/savings.] Check out our partners who offer Stocks and Shares ISA and more: ⚡️Hargreaves Lansdown ⚡️ ⁠https://hl.7eer.net/B0mz50⁠ Capital at risk ⚡️Interactive Investor ⚡️ ⁠⁠⁠⁠⁠⁠https://prf.hn/click/camref:1101l3RTLM/ar:SW⁠⁠⁠⁠⁠⁠ [https://prf.hn/click/camref:1101l3RTLM/ar:SW] Capital at risk Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. Timestamps 0:00 - Preview 0:47 - Intro 1:00 - Meet Head of Manager Selection - Ruli Viljoen 9:16 - Meet Chief Investment Officer - Saftar Sarwar 15:57 - Meet Managing Director - Mark Sanderson 20:15 - Meet Senior Portfolio Manager - Mark Preskett Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

In this episode, Ato speaks with Ebenezer Ghanney, the Founder of WeWire a fintech company which helps to facilitate cross border payment and he’s also the former head of operations for Ghana at yellow card, the most funded cryptocurrency exchange in Africa. In this episode we discuss - Money lessons that shaped Ebenezer - How WeWire solves the dollar crisis in Africa - How WeWire has grown to a 7 figure business - How to make your first £100,000 in your 9-5 or in a business - The importance of financial discipline - Millionaires in Africa and much more Connect with Ebenezer: Linkedin: https://www.linkedin.com/in/ebenezer-ghanney-6995888a 📩 Sign up to my mailing list to be the first to know about upcoming events: ⁠⁠⁠http://eepurl.com/hJEcLL⁠⁠ [http://eepurl.com/hJEcLL] 🤝 Sponsor Tide - Earn up to 4.22% AER Variable on your business savings here: ⁠⁠⁠⁠⁠https://www.tide.co/offers/savvywallet/⁠⁠⁠⁠⁠ [https://www.tide.co/offers/savvywallet/] You'll get a free £100 when you use the code ‘SAVVYWALLET’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. Save more, earn more—up to 4.22% AER (variable). Interest rates are tiered, with the top rate for balances over £1M. Each tiered rate applies to the portion within that range. New Tide members get these rates free for 6 months; after that, your Tide plan’s rates apply. For the full offer T&Cs visit ⁠⁠⁠⁠⁠tide.co/savings.⁠⁠⁠⁠⁠ [tide.co/savings.] 🤝Partners Black Business Show - Grab FREE tickets with the code "SAVVYFREE" https://www.birminghamblackbusinessshow.co.uk Check out our partners who offer Stocks and Shares ISA and more: ⚡️Hargreaves Lansdown ⚡️ ⁠https://hl.7eer.net/B0mz50⁠ Capital at risk ⚡️Interactive Investor ⚡️ ⁠⁠⁠⁠⁠https://prf.hn/click/camref:1101l3RTLM/ar:SW⁠⁠⁠⁠⁠ [https://prf.hn/click/camref:1101l3RTLM/ar:SW] Capital at risk Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. Timestamps 00:00 - Preview 01:03 - Intro 01:39 - Meet Fintech Entrepreneur Ebenezer 03:52 - Entrepreneurial Lessons and Financial Goals 10:06 - Starting WeWire: Motivation and Challenges20:35 - Tide Ad 23:55 - Understanding Cross-Border Payments in Africa 34:08 - How does WeWire help with the Africa dollar issues 37:14 - How WeWire differentiates from it's competitors 38:16 - How WeWire makes money 41:31 - My biggest achievements 43:01 - Lessons from Past Startups 53:32- Building a Billion Dollar Vision 54:02 - Starting with No Capital 57:58 - How we grew WeWire to a 7 figure business 59:15 - Mindset for Success 01:08:56 - Expanding into New Markets 01:10:26 - Advice for Aspiring Entrepreneurs 01:10:46 - Focusing on Business Goals 01:13:12 - Retail vs. B2B Strategy 01:15:27 - Balancing a 9-to-5 with Wealth Building 01:20:23 - Scaling Wealth as a Founder 01:26:40 - Investment Strategies and Financial Discipline 01:32:12 - The Importance of Personal Development 01:46:03 - Challenges and Motivation 01:48:36 - Final Words Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

In this bonus episode, recorded live at the Morningstar Investment Conference, Ato speaks with Dan Kemp, Chief Research and Investment Officer at Morningstar — a leading global investment research and management firm known for its trusted data, analysis, and expert insights that help investors make informed decisions. In this episode we discuss: - Why you should ignore the headlines and stay invested - How to manage emotions during market turbulence - The risks of reacting to short-term noise - Morningstar’s long-term view on the UK stock market — and why it may be a hidden opportunity for investors - A simple strategy for building long-term wealth 📩 Sign up to my mailing list to be the first to know about upcoming events: ⁠⁠⁠http://eepurl.com/hJEcLL⁠⁠ [http://eepurl.com/hJEcLL] 🤝Partners Tide - Earn up to 4.22% AER Variable on your business savings here: ⁠⁠⁠⁠⁠https://www.tide.co/offers/savvywallet/⁠⁠⁠⁠⁠ [https://www.tide.co/offers/savvywallet/] You'll get a free £100 when you use the code ‘SAVVYWALLET’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. Save more, earn more—up to 4.22% AER (variable). Interest rates are tiered, with the top rate for balances over £1M. Each tiered rate applies to the portion within that range. New Tide members get these rates free for 6 months; after that, your Tide plan’s rates apply. For the full offer T&Cs visit ⁠⁠⁠⁠⁠tide.co/savings.⁠⁠⁠⁠⁠ [tide.co/savings.] Check out our partners who offer Stocks and Shares ISA and more: ⚡️Hargreaves Lansdown ⚡️ ⁠https://hl.7eer.net/B0mz50⁠ Capital at risk ⚡️Interactive Investor ⚡️ ⁠⁠⁠⁠⁠https://prf.hn/click/camref:1101l3RTLM/ar:SW⁠⁠⁠⁠⁠ [https://prf.hn/click/camref:1101l3RTLM/ar:SW] Capital at risk Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]