WT004: How To Uncover Hidden Money In Your Life Using D.E.B.I.T.S

If wealth can only be achieved through assets, then what exactly is the definition of an asset? Today Kevin and Chris talk about the Foundation, and share a process called D.E.B.I.T.S which anybody can take a closer look at and make some changes to reveal some extra cash in their lives instantly.

In this episode of WealthTalk, Christian and Kevin discuss:

• The two types of income: work income and asset income
• You cannot be wealthy without being in the wealth management
  business, which you can delegate
• How to reveal additional cash in your life without penny-pinching
• How to eliminate debt fast
• The importance of making sure that a portion of your monthly
  outgoings are being directed towards building your wealth
• A strategy for getting your wealth-building education for free
• Using a low cost tracker fund is one of the simplest assets to begin
  accumulating wealth
• Debt Free Day - the day of the year in which employed people have to
  work until before they start to earn income after paying tax Hidden
  costs and charges which can eat into your wealth

Links and a full transcription of this episode can be found at www.wealthbuilders.co.uk/wealthtalk