Got something a little different for you today. Instead of physical fitness, we’re going to dive deep into financial fitness! A friend of mine, Huw Davies, loves helping people solve money problems, so they can get on with the more important things in life. His aim is to make you financially free whilst putting a smile on your face. The beauty of this episode is it’s one for everyone, no matter your income bracket. And Huw explains some strategic shifts you can make in your expenses, savings and investing to maximise your income, and most of all, set yourself up for life. Huw’s own story starts from being up to his eyeballs in debt. Until he decided enough is enough. So he became financially independent in 2016, whereby he built a stocks and shares portfolio he could live off, coupled with a £1m property portfolio, all in the space of 18 months.
Disclaimer - This is not financial advice. Huw is not a qualified financial advisor. He shares his experience with money and his content is for entertainment purposes only. When selecting a financial advisor, just make sure they’re personally invested in the stock market, property, crypto and are financially independent.
Time Stamps
00:25 How to retire in 7 years back story
03:20 What was your relationship with money?
05:25 How much do I need to earn to retire in 7 years
07:30 Where can I look to make these savings?
11:00 What is the psychology behind this method?
17:25 Living within my means
18:35 Historical returns from Investments
21:20 What do you do with the extra money you have?
25:40 When you should keep your money and not invest
27:00 Out of sight, out of mind
32:50 What fund should I pick?
43:30 If you have less than £1000 per month to invest
35:30 Approach as we go into a recession
38:20 What made you passionate about this topic?
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I’m very excited and proud to announce we’ve developed a brand new partnership with one of the world’s leading premium supplement brands, Optimum Nutrition, where they’ll be helping support our RNT members, and listeners of this podcast, on their journey of health, fitness and total transformation. With the world’s #1 best-selling protein powder in their range, and a growing plant-based range, you can now use the code RNT20 to get 20% off in their US and UK stores. My personal favourite are their plant-based protein bars. I’ve literally done a 180 on protein bars since discovering these, and these were a game changer during my recent long stints in Bali and the US!
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