From Uncertainty to Freedom: A Real Wealth-Building Story

Transcript

speaker-0 (00:00.17)
never built anything of a significant pension pot. That's when I first started to think what happens later on when I stop working. The company was going through a big global restructure and so many jobs were disappearing, know, colleagues were losing jobs. My grandfather was a very successful business owner and I always felt as well that you know it started to niggle like I can actually do more than just work for somebody else. I felt like I was peeking behind the curtain saying hey there's a whole different world out there.

speaker-1 (00:29.55)
Hi there, this is Kevin Whelan, founder of Wealth Builders. I've got a little tear in my eye. Cause it's the first episode that we haven't had Mr. Rodwell. Anyway, he's now on his long sabbatical, having a great break, but got an amazing co-presenter today. It's Tracy Hilliard, member of Wealth Builders, absolutely passionate about the education.

of people to build their wealth in particular wealth as well Tracy. So good focus for a great wealth builder member today who's strong woman built her own wealth and you took out some really great lessons to share there.

speaker-2 (01:12.142)
Yeah, I found particularly Richko O'Ridge, her ability to deliver and focus and achieve what she wanted to achieve. And now she's living her best life with something that really stood out for me, the life of being financially independent and being after being environment that she wants to be, which is a beautiful story.

speaker-1 (01:32.108)
Yeah, it's a really good one. And I think you did the job really well on that one. How was it for you, by the way, getting to grips with being a podcast host?

speaker-2 (01:40.332)
Yeah, it was my first one. I must admit it is two takes, but sometimes two takes isn't a bad thing. I think sometimes when you're learning and growing, you have to practice and then do it twice to make it even better. But yeah, I learnt a lot and I really found it entertaining and enjoyable and took quite a lot of notes in what she shared. So looking forward to hearing it again.

speaker-1 (02:01.518)
Well, this is episode 320. It's not our first rodeo. And we're so thrilled that you decided to help us as well as a few other of our wealth building members who just want to give back. just before we hear from Richiko, I just want to say a special thanks to you again. Why don't we head over and have a listen to our interview with Richiko Ulrichs.

speaker-2 (02:04.654)
Amazing.

speaker-2 (02:26.542)
Which could be great just to hear a bit about your journey before we get into some questions.

speaker-0 (02:31.502)
Yeah. Hi Tracy. Good morning. It's lovely to be on the Wealth Builders podcast. I've been on here before. I have a bit of a history with Wealth Builders. Yeah, just briefly about me. I joined Wealth Builders as a member actually way back in 2019 when the program first started. And it was really the start of my wealth building journey when I joined the program. I was just literally tipping my toe in learning how to invest in property at that time. Working in my job full time. So was a long career.

in aviation, airlines, and hospitality, hotel industry, 15 plus years in all sorts of different commercial roles in airline and hotels, which was a wonderful career. I can't complain about that at all. But yeah, there were certain events that happened throughout my career which made me think about my path moving forward. And this was all before COVID happened. So I decided to join WealthBuilders.

to learn more about becoming financially independent, not relying so much on my job income from salary, which I knew nothing about. So was steep learning curve for me as many of members who joined Wealthbuilders would be well aware. But that was six years ago. I've managed to achieve my goals and I decided to come back to Wealthbuilders as community support to help people on this journey achieve the same through this program.

speaker-2 (03:54.968)
really pushed you to want more? What were some of the things that came to life that you thought, there's more out here for me?

speaker-0 (04:02.094)
I've had an interesting career and working in lots of different countries, which was very adventurous and, you know, really, really great opportunity when you're younger. So I lived in Australia for a little while and then the job brought me to the UK back in 2016. And so, you know, all that very exciting, but as I was approaching 40, I kind of realized I actually don't have anything for my retirement. You know, I've had working careers in different countries and I'd never built.

anything of a significant pension pot. You know, that's when I first started to think, okay, well, you know, this is all great, but what happens later on when I stopped working? Another significant change that happened with literally within the first year of me moving to the UK and starting this brand new job was the company was going through a big global restructure. And so many jobs were disappearing. know, colleagues were losing jobs. It was quite a scary time and stressful time. And for me, it's why I well, I literally only just arrived in

in this new country, I don't know anybody, you I literally came here for the job. So I felt very, very uncertain during that period, not knowing what was going to happen. You know, thankfully I got to keep my job, but many of my colleagues didn't. So that was another event where I thought I need to do something different. You know, I can't just keep going on the same path, relying on jobs and not knowing where things are going. So yeah, there were kind of two critical events that made me think, you know, I need to...

step it up and start doing a bit more than just working in the job.

speaker-2 (05:34.732)
And you remember the defining moment when you made that decision.

speaker-0 (05:38.22)
It was actually a book I read and I went to a couple of, I started to go to different networking events in London. There are many, so I just started to research business networking events, was out there and one of them I actually did meet Christian and Kevin who founded Wealth Builders. But I started to read different books and just kind of changed my perception and my mindset. I think many of us have read Robert Kiyosaki's Rich Dad Poor Dad. Reading that book was actually true. I opened it for me.

Yeah, wow, okay. There is something different out there. So yeah, I slowly started to learn as I was still working in my job, but started to go to more networking events and educate myself on this, you know, kind of, I felt like I was peeking behind the curtain saying, hey, there's a whole different world out there. So yeah, that kind of got me started.

speaker-2 (06:28.758)
And was there one thing that particularly drove you to achieve your ambitions, Michiko?

speaker-0 (06:33.858)
Yeah, it was really thinking about the future, you know, and we'll obviously know that one day we'll stop working. So it was an income situation, but I guess also for me, it felt like I could do more. So I had a long career. had really great opportunities that I've had throughout working for somebody else. But I've always been interested in setting up my own business. My grandfather was a very successful business owner and

I always felt as well that it started to niggle, like I can actually do more than just work for somebody else. So I really became quite keen on running my own show and having my own business as well.

speaker-2 (07:11.886)
Which code? Be great to hear about how you've built your wealth.

speaker-0 (07:15.086)
So I focused on the property pillar in the first instance when I joined wealth builders. I just started to learn and understand about investing in property in the UK and worked with my coach, was Ian Halfpenny at the time. So we really focused on building wealth through building a property portfolio, generating an income from assets.

That was the prime focus. Guilty as many other people of the shiny penny syndrome trying to discover and find lots of different things. And one of the great things my coach reminded me of at the time, which I stuck with was just focus on one thing, know, focus on knowing what's going to get you the result and keep doing it until you've achieved the result that you want to achieve. So for me at the time, it was buy two lats. Everybody said, buy two lats. What a boring strategy. It's going to take forever. But we had a very clear set goal of

doing a certain number of buy-to-lets, which, you know, the first one is always difficult. The second one became easier. The fifth, the seventh one, I was, you know, kind of doing it more or less with my eyes closed. Not quite, but it gets easier as you get used to it. So I really saw the benefit and then the advantage of focusing instead of trying to diversify too early, because you're starting literally again from scratch with, you know, any new strategy, any new...

pillar and in your income generating strategy that you want to learn, you're starting from scratch. So you're losing momentum. Whereas if you keep going with the one that works and it becomes a turnkey, rinse and repeat, the effort becomes significantly less each time you go to the next one. So that was an important lesson for me.

speaker-2 (08:53.944)
So what were some of the things that you kept consistent each time when you bought new buy to let's was it location? What were some of the things that you took into consideration that made it easier after your first one?

speaker-0 (09:04.396)
Yeah, it really became a formula. So location, definitely, type of property, obviously the numbers, the rental income, the yield, feasibility of any renovations required. I was trying to find the same type of property in the same type of area. Which way did A, really easy to look because you could dismiss all the others that didn't fit the criteria. So you could really A, narrow down your search. And once you found something that previously worked, you knew it was going to work again.

speaker-2 (09:31.074)
and to share a bit more about your criteria.

speaker-0 (09:33.41)
The main, the important thing because I was still building the portfolio, I was to ensure that we would generate enough capital at the end to buy another one because we were still in the growth phase. So after having worked out the numbers, the minimum criteria was releasing money from refinance. Is there enough there as a minimum for a deposit to buy the next one? Because then you can keep going. So everything else kind of ticked the boxes. It's going to generate certain cash flow.

depends on different factors, but the key thing was we needed to keep going. it needed to work, know, cost of renovations and everything worked out. Do we have enough left out of this to ensure that we can purchase the next one?

speaker-2 (10:14.766)
And tell me a bit more about your system that you've created because I think that'd be really helpful.

speaker-0 (10:18.382)
You know, finding great people and great teams to work with is something that takes time and effort, but it's something I'm really focused on. It's finding the right people in the area that I could trust, that I can rely on, that know they're going to look after my portfolio well, they're going to look after tents, they're going to look after guests in a way that I could never do myself. So they do a far better job at it than I could ever do myself. So that was the criteria for building the team.

locally that would have that experience, have the connections, have the relations and be able to do that for me while I'm at a distance. And that took some time to build that team, a little bit of trial and error, but that's always the case. And I've diversified teams as well, so I don't work with one single team, whether it's short term leads or long term leads, I work with multiple partners. So just spreading risks and ensuring that keeping the team.

accountable and on their toes as well, making sure they still keep delivering a good job. So yeah, never put all of your eggs into one basket, but work with multiple trusted partners. That's a system that worked really, really well for me.

speaker-2 (11:26.798)
have you found those great people? Because they're probably quite difficult to find, doubt. People you can trust, people have the capability. How have you gone about finding whether it be in the UK or Portugal?

speaker-0 (11:37.518)
Yeah, a lot of it's through relationship building and connection. So I think a good recommendation from somebody who you know, like, and trust is always worth gold, right? Like, I a day I relied quite a bit on people recommending partners to me, local companies to work with. And yeah, that's always been a really trusted source of information for me is, you know, somebody making a great recommendation, somebody they've already worked with.

and they've got a good track record and they've already proven themselves to be trustworthy and delivering results. So that's been very valuable for me as well.

speaker-2 (12:15.19)
thinking about your first biotil, is there any learnings that you've learned from that and taken forward based on your first, maybe your second one?

speaker-0 (12:24.622)
There are so many. I didn't really know what I was doing when I bought the first bike. Even just understanding, I'd even never bought a property in the UK before. So I started with something really small and simple just to understand the buying process in the UK and how that worked. How do I apply for a mortgage? How do I work with a solicitor? Really basic things that I had no experience in. And again, just going through the whole cycle once, so buying the property.

renovating it, getting it revalued, getting it remortgaged, and then just understanding how long that process might actually take. When you do various property training courses, they all make it sound easy, but it turned out it wasn't easy at all. Everything just took a lot longer than anticipated. So yeah, it was definitely a very steep learning curve that first one, but a good reality check as well as like, so, okay, this is the reality of how this works.

and have a good understanding of it, then you're better prepared for the second one and the third one. And as I mentioned before, the more you kind of get tuned into the process, the better prepared you are and the easier it becomes to like, okay, I know what to expect now. So it does become easier, but yeah, the first one was definitely a big challenge.

speaker-2 (13:44.202)
How many properties have you bought and sold? Do you know their numbers?

speaker-0 (13:48.27)
I've done 14 in the UK. yes, the combination of facade with biotilettes and then changed to short term rentals.

speaker-2 (13:56.718)
Why do you short-term rentals? There is a reason why you change strategies slightly.

speaker-0 (14:02.09)
I could see the opportunity in the area that I was investing in. it initially started with Biotinets and I guess as a result of building those contacts and relations on the ground and being there on a regular basis, know, monitoring, overseeing projects. There's certain thing about local knowledge that is really difficult to find unless you're actually on the ground working with people. And it started with the development of the Teesside economic area, which was really growing and developing fast.

And what I learned was that there was going to be a growing demand and still is for contractor service accommodation in the area. you know, people, large industrial projects are bringing in workers and contractors from all around international, even like outside the UK, needing a place to stay that's, know, somewhere comfortable. Hotels were fully booked. So it was really clearly showing a shortage in that type of accommodation. So I saw the opportunity and, you know, speaking with people.

in the area that was kind of, you know, in other investors were following the same approach. So I jumped on that bandwagon as well and it did turn out quite well.

speaker-2 (15:08.524)
And what's your percentage of short term compared to more longer term that you've got now?

speaker-0 (15:14.07)
It's fairly balanced. So it's probably about 50-50. It's for a reason as short-term rentals, when they do well, they do really well. You have to factor in quieter periods, void periods. Even when you're doing holiday, that's you have your peak season and your off-peak. Contractor market is a little bit the same. You have your busy periods, but December, January, for instance, nothing happens. People go home for Christmas, et cetera. it has its quiet periods as well. Portfolio gives you a stable

long-term tenants pay rent every month provided the good tenants of course, but yeah, it's that balance of an income that doesn't change every month. It's stable versus something that does really well. It's kind of like the icing on the cake, if you will. But yeah, you've got to factor in times where the market slows down and you're not getting as many bookings as you are.

speaker-2 (16:08.77)
Tell us about your first steps to make that happen. I'd love to hear, because that's not an easy thing from go to full-time work to making a different decision. What were your steps that you went through to become successful the way you have?

speaker-0 (16:20.812)
Yeah, it was a very sort of slow and gradual process, as you say, you know, didn't jump in kind of straight into, okay, I'm just going to quit my job and start a business. I didn't do that. It was a very dual transition and started with really small steps. So really, I guess education was the first thing, you know, I didn't know what I was doing. I didn't know anything about business and wealth builders framework really helped with that. You know, it says start with education. So that's what I really did. And myself on property. kind of set my mind at that point on.

I wanted to start investing in property. I liked the idea of the income that would generate. It resonated with me and I started to learn more about that. So literally the first step was to dive in and buy that first investment property. It was a very scary step at the time, but that was literally the first thing that I did to start the journey.

speaker-2 (17:14.263)
So tell us about where you are now. know you had your first property talked about in London, but I now know you're in another physical location. So talk about the journey from that first property to where you are now in a very different location.

speaker-0 (17:27.896)
That's right. So I'm currently based in Portugal. I've sort of been coming and going here for a few years now, and it's really something I, a place I enjoy for lifestyle purposes, you weather, the culture, everything. So I love being here. And at some point I kind of felt, well, that would actually be my dream to be based here and, you know, have my income from property and explore things further here. So after all those years, I finally reached that goal. I moved here full time last year.

I'm still running my UK property business from here, so picking along and setting my feet into this new market. Still exploring and still learning, finding out new opportunities here. So yeah, it's been a great journey so far.

speaker-2 (18:11.416)
Tell us about your opportunities that you're exploring in Portugal. I'm sure everyone would love to hear bit more about that.

speaker-0 (18:17.358)
Yeah, I'm following the same principles really as I did back in the UK when I first started learning on the ground, building relationships and kind of getting to know the market like inside out quite well. So having done that, I can see a lot of opportunities here. It's not an easy market to get started. There's a language barrier. Obviously there's new rules and regulations I have to familiarize myself with. So there's still lots of things to learn, but I can see a lot of opportunities here in the years to come. be interested to.

explore that part while up here.

speaker-2 (18:48.751)
Beautiful part of the world. went there on holidays. I think it's a fantastic location culturally and also food wise, right? So you must be enjoying that as well, no doubt.

speaker-0 (18:56.684)
Yeah, absolutely. Yeah, it can't beat the weather here. It's better than the UK after

speaker-2 (19:02.251)
I understand. Let's talk about setbacks because you talked a bit about COVID. I'm sure there was some setbacks during that time. But can you just talk about some examples and how you worked your way through them? That would be really helpful, I'm sure, for everyone.

speaker-0 (19:14.956)
Yeah, there's been plenty of setbacks, not that I think about it, but yeah, mean, as with any journey, right, nothing ever goes 100 % smoothly and according to plan. yeah, with COVID was actually my first major setback when we had about three projects up and running. And obviously, you know, all the renovations had to stop during lockdown completely. Then we would slowly be able to pick things up, but it caused a lot of delays. So we had to be really flexible. And I think one thing

That was great for me, was working with a great team. Everybody wanted to achieve the same outcome. you know, the team on the ground, obviously they were limited in terms of what they could do moving the project forward. But, you know, we all put our heads together. We all came up with solutions and a bit of flexibility on all sides there and managing expectations. We got through that period. So that was definitely a challenge, but we managed to.

Complete all of the refurbs obviously with delays, but you the end result, we still achieve what we need to achieve.

speaker-2 (20:16.078)
Do you want to share a little bit about your mindset? know you reasonably well, but it seems to be very strong. So would you just share about how you maintain that? I think that'd be really helpful for me and others.

speaker-0 (20:29.356)
Yeah, I guess resilience is really important in this game because you have a lot of things thrown at you that are unexpected. So you have a great project plan, yeah, this is going to be great. And then once things happen, especially project, property renovations, many things can go wrong, even in funding, with finance and getting your projects funded. You're constantly dealing with, I guess, with challenges and the mindset is...

For me, it's about the end result. It's about the goal that you set out to achieve, not just for the project specifically, but overall the bigger picture, the lifestyle. yeah, just keeping that in mind, I think keeps you going when things get difficult.

speaker-2 (21:13.944)
Just talking, maybe just slightly changing track around patterns that you've seen hold back, particularly women. Any thoughts on what you've seen maybe in your years of work and also now your commercial property and the activities you're doing? Just share a bit more about that.

speaker-0 (21:30.188)
Yeah, for sure. So for me, when I first started this, I really lacked confidence in my knowledge because it was all new. And I think it's, you know, typically maybe more common with women that they feel like they need to know everything and then some in order to feel that confidence, know, where they feel like you really need to know your game, which in the beginning, obviously, I didn't.

I didn't feel very confident about what I was doing. I know I was learning and gaining my knowledge, but you know, it's just really taking small baby steps. and yeah, with everything. So could I've made progress faster if I had more confidence, if I believed in myself a little bit more, maybe the way how I approached it, because yeah, I just thought, you I need to know everything there is to know. And then, then I feel confident, but you also have to take action. And I think in hindsight, my biggest confidence came from taking action from just.

doing something and learning as you go and you find your way. And then you look back and say, actually, I did it. I can do this. So taking action was the biggest confidence booster for me. And as you build on your actions, you build your confidence as well. But it's definitely not easy when you're first starting out. You feel very, very uncertain about what you're doing.

speaker-2 (22:43.51)
And for you, what does the future hold? What's your ambition, your goals? Where are you going to head for yourself and your family?

speaker-0 (22:52.984)
So for me, the biggest driver of this is a lifestyle factor. It's nice to have the freedom to live in a country of your choice, good income and having the freedom to make those choices. There's a lot of different freedoms that we talk about in wealth builders, but freedom of location is one of them, which is a big one for me. I love travel, love visiting and working and living in different countries, which I've always done.

that having that freedom is a big driver for me and getting the chance to apply what I've learned to a new place, to a new culture and enjoying that lifestyle around it. It doesn't get any better than that for me as far as I'm concerned.

speaker-2 (23:31.502)
It's amazing achievement to be able to be in the location that you want to be in, the freedom that you have is beautiful to hear. Is there anything that you in hindsight would have done differently in your journey that you think, if I had have done A or B, would have made the biggest difference to accelerate my performance or my achievement quicker?

speaker-0 (23:50.35)
That's a difficult one to answer actually. I'm just thinking back through all of the years. I guess all of those things that, you know, added up, even the things that kind of didn't go according to plan, they all ended up being valuable lessons for, you know, what I ended up doing next. So I'm not sure if I would have done anything differently. I guess, yeah, maybe in some instances I could have been a little bit more cautious and, you know, at some point I took on...

too many projects at the time I thought I could handle it and I almost burned out because yeah, it was just taking on too much. So probably put a lot of pressure on myself to achieve the results I wanted to achieve. And in hindsight, I thought that was actually completely unnecessary. I could have taken it easier and not be so hard on myself, not try to do so many things at the same time and yeah, almost kind of collapse under the stress from it as a result. That's...

Definitely not worth it. maybe, I guess, be a bit kinder to myself and taking things easier, knowing that you'll get there. I wanted to get there quick, but now I'm thinking, well, what was the rush actually? I could have just taken my time and pace myself, and it would have achieved the same result with a whole lot less stress.

speaker-2 (25:06.958)
How do you now manage that whole, I hate when we use the word, but work-life balance? mean, it's very hard to balance both, right, to commence your own business, but how do you get the best out of both? How do you view it how do you do it?

speaker-0 (25:19.022)
So for me now where I am, all I need to do is look out my window every morning. know, the sun's shining and a really nice location and the beaches are nearby. So it doesn't make it very difficult now to kind of keep that work life. I don't put so much pressure on myself anymore. It's not needed. I'm in a good place. So I want to enjoy where I live. I want to enjoy my time and, you know, making new connections and new relationships and friends.

make sure I take my time for that and it's not just all about work, work, work. So yeah, definitely learning to balance that more for sure.

speaker-2 (25:53.966)
I think that makes such a big difference, doesn't it? So tell me about things you're proud of and what you've achieved.

speaker-0 (26:02.606)
I look back now and I think, you know, I did it. It's also talking to people within the community as in the capacity, I'm supporting members now in wealth builders who are literally just starting out on this journey. They've just signed up and they're at the very start of their wealth building journey. They are where I was six, seven years ago, working in their jobs and key to find a different way. that sharing my story, I...

Yeah, I feel proud that I can share that with people, I can help people achieve the same thing. And I often get feedback that people say, you know, it's nice to know and speak to someone who's actually done this. So we know it's possible. And all I say is, yeah, it's totally possible. It's 100 % achievable.

speaker-2 (26:49.368)
Is it a buy to let set up in Portugal as well or is it slightly different compared to the UK?

speaker-0 (26:54.302)
It is very different, so I'm still learning about the insights of the market. The first project I've just committed to is a commercial to residential conversion. has a lot of opportunity here with old shops or commercial spaces being empty, and it's relatively easy to get permission to convert those into residential. So that's, in the short term, that's going to be the focus for me.

speaker-2 (27:17.976)
Thank you very much for your time and your input. think it's been really great insight for everyone, including myself. As I said before, you're such an inspiration to so many people, including me, about how you've achieved your outcome.

speaker-0 (27:29.56)
Thank you so much Tracy, it's been a real pleasure.

speaker-2 (27:34.67)
So I really enjoyed that. know you would have as well, Kevin, and I hope the listeners did as well, but there was a number of things that stood out. But one of the first things I wanted to raise was how she focused on one thing. So it's like you have about that because I know even in my past, I've jumped from one thing to the next. And what she did was just stick on by a tallet and she had a great coach. So anything you'd like to share about your insight into that would be really helpful.

speaker-1 (28:00.792)
That's a good point, Tracy. I think in the wealth builder program, we talk about focus your way to security, diversify your way to independence. It's very easy in the world of fascination around the subject of wealth to kind of be tempted. If you're listening, reading a book, listen to a podcast, jumping on something, you can be tempted to go, go and look at that or go look at that.

There's a very easy temptation to try and find the shiny penny. So choosing at least something to focus on at the beginning, get it going. And if it generates a result, keep going. And the benefit of having a coach, which I would always encourage because in the world of again, of building wealth, it's very easy to be distracted. So a coach keeps you on track.

A coach will evaluate with you the results just to help you actually also not just learn things or reinforce learning, but I think also to help you celebrate the fact that you are winning. know, so wealth is built gradually. There's no fast path to wealth. Generally speaking, it's a consistent efforts made month on month on month, which is why we suggest coaching every single month.

The other point I'd make is the wealth builder language. So almost there's no point in the kind of wealth builder lexicon that she's not sharing there, but I'll pick one of those because I know which go very well in wealth builders. talk about freedom and about, you know, I've got the seven pillars of wealth and we've also got the seven freedoms. So it's important as you begin your wealth journey to determine what

Which freedoms are most important to you? And we've got freedom of time, obviously. Most people try to get their time back. Freedom of money, you know, so that you can now start to live life on your terms. Freedom of relationships. I mean, how many people have got jobs that they don't like the people around them? I mean, how much more pleasurable is it to be building relationships with people you enjoy? Freedom of purpose.

speaker-1 (30:28.436)
If there's something you want to passionately pursue, then you can continue to do that. Freedom of creativity. So instead of being hampered and kind of shoeboxed, you can be completely free to be as creative as you want. Excuse yours in a minute, mine was control. The freedom to be, I've got a sort of natural aversion to being told what to do and I challenge everything. Not for the sake of challenge, but why?

You know, why are we doing it that way? What's, why has wealth been built that way? Putting all the money in the hands of professionals when we can learn how to do that for ourselves. And I know you very passionate about that thing, but for, rich goes location, know, the freedom of location. And I think she told the story, didn't she have career through kind of travel and that wanderlust. She's still got there. Hasn't she pretty firmly. And now she's.

kind of built her wealth in the UK, but lives in Portugal and just started a new business in Sardinia. I mean, come on, that's freedom in action. I'm so thrilled for her that she's managed to do that. And she's giving a little bit of time back to wealth builders as well. So what was your big freedom? did, what was your choice?

speaker-2 (31:46.978)
Mine is a bit of control, but mainly time. think for me, having the ability to use my time in different ways. For instance, today I went off and walked the dog for an hour. I didn't have to think about the consequences of using my time in a different way. The ability for me to go to Australia for two to three weeks and not think about what I have to do. So for me, the ability to use my time in different ways, particularly I think growing up in corporate life where...

Every minute of your day tends to be in a meeting or doing some work. To me, time was the one.

speaker-1 (32:22.062)
got Middleson who's a lawyer in the city and he says, every bit of time I've got, I've got to build somebody.

speaker-2 (32:29.57)
Yes, I've seen that before.

speaker-1 (32:31.222)
Yeah, so anyway, that was, that was interesting. Hopefully we'll get, you know, more interesting lessons shared by other women who are building wealth on their terms. And, and of course, with the great wealth transfer coming, maybe boomers like me, start to of shuffle off the coils. More and more women are going to be receiving that money often without the education and then maybe feeling a bit nervous about it. Maybe that's a subject we can pick.

he's sitting on the line and also people ending relationships. And then somebody else was in the driving seat making the financial decisions and then Natalie didn't make those decisions. They were forced into making those decisions for themselves. So Tracy, thank you. How did you find your first episode?

speaker-2 (33:19.756)
Very enjoyable. I'm looking forward to my second, third, fourth and continuing on. So thank you for the opportunity, Kevin. I look forward to the next one.

speaker-1 (33:27.431)
Well, thanks for that and thanks to Richiko and until next time. See ya!

speaker-0 (33:34.318)
We hope you enjoyed this video. Don't forget that we are constantly updating our resources inside the WealthBuilders membership site to help you create, build and protect your wealth. Head over to wealthbuilders.co.uk slash membership right now for free access. That's wealthbuilders.co.uk slash membership.

speaker-1 (33:34.626)
Thank you

speaker-2 (33:45.774)
Co.