Joining us in the booth this week is Joseph Obeng, a qualified financial advisor with over 11 years in the financial services industry. In this episode we discuss: - Why making more money won't necessarily make you more wealthy! - What true wealth is and steps to achieve it - Why you need to 'design your life' - Identifying your relationship with money - The importance of good money allocation and tips to allocate your money better - Good debt vs bad debt - How to build wealth with your 9-5 - Money and non-money lessons Joseph learnt from his clients and much more Follow Joseph on Instagram here Get a copy of Joseph's book here Follow me on: Instagram and Tiktok Check out: https://www.youtube.com/savvywallet for the video version Our partners: Coursera Learn AI, Cybersecurity, Project Management, Data Science & more with Coursera here: https://imp.i384100.net/savvywallet Ato has personally used Coursera to obtain an AI certificate. NordVPN Get 3 extra months free with a 2 year plan: https://go.nordvpn.net/aff_c?offer_id=15&aff_id=106735&url_id=902 Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. TIMESTAMPS 00:00 - Preview 01:02 - Intro 01:37 - Meet Joseph Obeng the Financial Advisor 06:12 - I’m not the typically financial advisor 07:46 - How I became a financial advisor 11:58 - More money doesn’t necessarily mean more freedom! 13:52 - People making BIG money have lifestyle inflation 15:00 - This is true financial freedom! 16:56 - People earning a lot but they’re broke! 19:26 - Why I started my own financial planning company 23:25 - Building blocks of financial planning. Your relationship with money! 26:18 - How to identify what your relationship with money is 28:05 - Misconception: Making more money won’t make you rich! 29:36 - This is true wealth! 29:59 - 80% of people had anxiety about money 31:22 - How to design the life you want! 34:59 - Understanding your current situation with your finances 39:14 - Tips to allocate your money better! 44:27 - Why do people get into debt? 46:24 - Good debt vs bad debt 47:58 - Is university bad debt? 49:31 - How to stop worrying about debt & how to tackle it! 52:52 - How to build wealth with your 9-5? 55:25 - Building wealth by being frugal? 58:38 - Money and non-money lessons from Joseph’s clients 01:02:35 - Final words Learn more about your ad choices. Visit megaphone.fm/adchoices

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