In this episode, Ato speaks with Perry, a cab driver, property entrepreneur, author and went on the journey of financial independence at the age of 57 and he achieved financial independence (light) in 3 years. In this episode we discuss: - Why Perry decide to change his life at 57 - Shifting from 40 hours a week or 80 hours a week to make extra income - How he managed to buy multiple properties on a minimum wage - How he achieved financial freedom 'light' in 3 years - The mindset required to attain a wealthy life - How anyone can change their financial life and gain financial freedom much more Connect with Perry: https://www.youtube.com/@StupidIsTheNorm Grab a copy of Perry's book "Minimum Wage Millionaire" here: https://amzn.to/3SsC3Cf 📩 Sign up to my mailing list to be the first to know about upcoming events: ⁠⁠⁠http://eepurl.com/hJEcLL⁠⁠ 🤝 Sponsor Tide - Earn up to 4.22% AER Variable on your business savings here: ⁠⁠⁠⁠⁠https://www.tide.co/offers/savvywallet/⁠⁠⁠⁠⁠ You'll get a free £100 when you use the code ‘SAVVYWALLET’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. Save more, earn more—up to 4.22% AER (variable). Interest rates are tiered, with the top rate for balances over £1M. Each tiered rate applies to the portion within that range. New Tide members get these rates free for 6 months; after that, your Tide plan’s rates apply. For the full offer T&Cs visit ⁠⁠⁠⁠⁠tide.co/savings.⁠⁠⁠⁠⁠ 🤝Partners Black Business Show - Grab FREE tickets with the code "SAVVYFREE" https://www.birminghamblackbusinessshow.co.uk Check out our partners who offer Stocks and Shares ISA and more: ⚡️Hargreaves Lansdown ⚡️ ⁠https://hl.7eer.net/B0mz50⁠ Capital at risk ⚡️Interactive Investor ⚡️ ⁠⁠⁠⁠⁠https://prf.hn/click/camref:1101l3RTLM/ar:SW⁠⁠⁠⁠⁠ Capital at risk 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 0:00 - Preview 0:56 - Intro 1:31 - Meet Property Investor Perry Wilson 6:12 - Why I stopped working as a bartender 11:45 - I started working 80 hours a week 14:02 - Why I decided to buy a property & how much it cost 15:48 - Tide Ad 21:05 - Becoming financially free light 22:16 - This property was a nightmare! 24:45 - How I learnt to raise money for property 26:13 - Buying a 10 property deal 29:20 - Losing 40% of my rental income 31:56 - Millionaire mindset 34:16 - Why I decided to use the buy to let strategy 38:46 - Challenges with scaling my buy to let portfolio 45:12 - Can you really buy property with minimum wage? 50:51 - Steps to financial independence 55:17 - How much should you roughly save for a first rental property? 59:08 - Second jobs/side hustles will supercharge your earnings 1:07:28 - Why I’m so disciplined 1:09:50 - My retirement goal 1:15:15 - How to start raising money for your property 1:22:00 - Is buy to let still viable in 2025? 1:23:08 - Perry’s book: “Minimum Wage Millionaire” 1:26:44 - Final words Learn more about your ad choices. Visit megaphone.fm/adchoices

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