Oct 13, 2022
Episode 33 – Back to 2008 - Show Notes
We have been hearing the word “recession” for months, with experts divided and citizens confused. So far it seems that a recession has not yet hit, but lately the news has ramped up reports of a troubled market, rising interest rates and soaring inflation.
On this episode, we will make sense of what all this means for wealth building, with emphasis on property investment, debt and re-mortgaging. What is causing all this economic chaos? How can we carry on with our wealth plans when things are so uncertain? With so much out of our individual control, is there anything we can do to keep our finances in check?
Lucky for you, Vicki got her start in property investment right around the 2008 crisis and has seen it all since then. Tune in for some tested tips to weathering uncertain times.
Links & Resources:
Highlights from this episode:
[00:01:54] – Why you should invest in property
[00:04:06] – Interest Rates
[00:12:02] – Take another look at your borrowing
[00:19:53] – Here we go again
[00:22:57] – Start to explore how to mitigate rising costs
Has this podcast started you thinking about what A Wealthy Life might look and feel like for you? Why not spend another 3 minutes and take my online audit called Readiness to Retire Wealthy based on the five principles discussed in The Wealthy Retirement Plan book and episodes of this podcast? The assessment provides you with a personal score and report to help you take back control of your financial future – something business owners and employees both forget – but for different reasons.
Https://VickiWusche.com/Scorecard/
Connect with Vicki:
Visit my website to learn more
Booking calendar - https://calendly.com/vickiwusche
Browse Books by Vicki:
Using Other People’s Money: How to invest in property 4th edition
Make More Money from Property: From investor thinking to a business mindset 2nd Edition
Property for the Next Generation: Securing your future in uncertain times 2nd Edition
The New Estate: Insights from the 22nd century
The Wealthy Retirement Plan: A revolutionary guide to living the rest of your in style
Or read the following Ebooks on VickiWusche.com:
9 Critical Property Principles
The De-Job Yourself Manual: Break your reliance on a monthly wage
The Values Manual: Understand what your values are and how they can be key to a successful business
The Goal Setting Manual: Create meaningful and practical goals then achieve them