Medical professionals love buying large homes and expensive cars which they see as assets.
What they don’t realise is that not all assets are assets.
At Medisuccess, we have a saying that it is best to buy the right assets.
So how do you identify what is an asset and what is not an asset? This podcast explains why the distinction is crucial to building wealth and what happens if you buy what you think is an asset but is a liability.
I then explain the 4 levels of financial freedom. Many think there is only one level – the David Beckham level but that is not correct. Once you understand them you realise that it is not as hard as we think.
Here’s why you should listen:
- What the wealthy consider assets are. Many medical professionals make the mistake of thinking assets are assets when they could be liabilities.
- We give you an examples of things that most people would consider assets but in reality, are liabilities? Once you understand this your wealth building becomes a game changer
- What are the 4 levels of financial freedom. We go through them all and explain how you can reach each one
- What you need to reach real Financial Freedom. In other words, how do you get to the David Beckham lifestyle?
You can watch the podcast or listen to it.