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I Can Be Wealthy Podcast
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I Can Be Wealthy Podcast

Author: Salena Kulkarni

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Salena Kulkarni is an Amazon best-selling author and a Chartered Accountant. She's spent the past decade helping investors to shortcut their timeline to financial freedom using alternative investment strategies. Tune in to the podcast as she explores ideas, tactics, and strategies for how business owners can become financially free using alternative investing strategies in a fast and safe way. 

196 Episodes
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In this episode, I interview Julie Parker, a dental practice management consultant, to share how dentists and entrepreneurs can build wealth and overcome challenges in running successful businesses and dental practices in 2024 and beyond.Julie talks about the best soft skills that make or break success in dentistry or any industry, the secrets to attracting and retaining top talent, and tips on increasing productivity and profitability without sacrificing quality.Enjoy the episode! TIME ...
In this episode, I interview a seasoned business and website investor, Matt Raad, to share how you can generate semi-passive income streams that work for you even while you sleep.Matt talks about buying and selling websites as a unique approach to wealth, the secrets to valuing businesses and conducting diligence like a pro, and the crucial mindset shift required so you can break through income ceilings.Enjoy the episode! TIME STAMPS:00:00 Intro01:25 Understanding Matt's Background04:58 ...
In this episode, we talk about the exact steps and strategies you can take to transition from active to passive investing so you can speed up your timeline to achieve financial freedom.We also discuss how top investors leverage other people's skills to make money work for them, when to start incorporating passive income strategies into your portfolio, and why dealing with "tenants and toilets" shouldn't be part of your wealth creation plan long-term. Enjoy the episode! TIME STAMPS:&...
In this episode, we talk about why traditional retirement planning is an absolute "sack of sh*t" and what you can do to achieve financial freedom faster than most people. We also discuss why many advisors may not have your best interests at heart, how to optimise your current investments for maximum income, and why NOW is the best time in history to adopt a new mindset towards retirement and wealth building.Enjoy the episode! TIME STAMPS:00:00- Intro 01:35 - People Are Too Poli...
In this episode, we answer the controversial question of whether Australia's booming real estate market shares unfortunate similarities with a Ponzi scheme.We also discuss the challenges of affordability and supply in Australian real estate, the pitfalls of negative gearing in property investments, and alternative strategies that could offer better cash flow opportunities.Enjoy the episode!TIME STAMPS:00:00 - Intro00:37 - Australia's Real Estate Market as a Ponzi Scheme02:19 - Australian Real...
In this episode, we expose why most accountants, financial planners, and other finance professionals may NOT be experts at building personal wealth. We also talk about what skills you need to grow your money wisely, the key questions you must ask about any advisor you work with, and the importance of understanding the limitations of finance experts in the wealth industry. Enjoy the episode! TIME STAMPS:00:00 - Intro01:13 - Creating a Matrix to Identify Areas of Expertise ...
In this episode, we expose why the traditional wealth-building model is seriously flawed and then explore an alternative pathway to true financial freedom that generates strong, predictable cash flow. We also discuss the simple formula for funding a $100k lifestyle without needing $10 million in net worth, the myths surrounding asset growth, and why you need grit and determination to break free from the herd mentality. Enjoy the episode! TIME STAMPS:00:00 - Intro02:56 - How to ...
In this episode, I interview Kieran Johnson, state manager of Opportunity International, to explore the transformative power of small loans and their impact on poverty reduction in India and Indonesia.Kieran talks about the philosophy of 'infinite banking', the innovative ways business owners integrate philanthropy into their organisations, and Opportunity International's unique model of empowering families and communities.Enjoy the episode!TIME STAMPS:00:00 - Intro03:14 - Who is Kieran Johns...
In this episode, we talk about how you can leverage Seneca's wisdom of anti-fragility to turn potential crises into fruitful investments and market chaos into your stepping stone to success. We also talk about how to mentally prepare for potential losses, resist emotional attachment to assets, and get your personal finances in order - so you can act quickly when the right opportunities arise.Enjoy the episode! TIME STAMPS:00:00 - Intro02:57 - What is Antifragility and How to Avoid i...
In this episode, we talk about reframing your relationship with financial loss so that it doesn't negatively impact your confidence or future investing success. We also discuss the importance of mastering the art of comeback, the psychological impact of loss aversion, and why avoiding financial loss at all costs can be a misleading strategy. Enjoy the episode! TIME STAMPS:00:00 - Intro03:22 - How People React to Loss and Impact on Decision-Making04:41 - Warren Buffet’s Investme...
In this episode, we talk about the essential financial metrics you should review at the beginning of every financial year to set yourself up for wealth-building and financial success.We also discuss the formula for calculating your "lifestyle burn rate", how to use your age and income to benchmark where your net worth should be, and why obsessing over your bank account balance or net worth alone can be misleading.Enjoy the episode! TIME STAMPS:00:00 - Intro03:15 - Financial Metrics for W...
In this episode, we talk about the widespread misconception that wealth is only for the elite few and how it is actually within reach for anyone determined and strategic. We also discuss the importance of defining personal wealth goals, the strategies for managing and growing assets, and the key habits for successful wealth accumulation. Enjoy the episode! TIME STAMPS 00:00 - Intro02:53 - Financial Freedom vs Net Worth03:56 - Building Wealth Without High Net Worth07:...
In this episode, I share the 5 MOST IMPORTANT (yet rarely talked about) wealth lessons I've learned from spending over a decade with millionaires and billionaires. If implemented properly, these simple yet profound principles can completely transform your financial trajectory. We also talk about how to align yourself with those who have the results you want, why you should never fully outsource major financial decisions, and how to sharpen your investment skills. Enjoy the epis...
In this episode, we discuss how strategic use of DEBT can be a powerful tool for rapidly growing your wealth, especially through property investing. We also talk about why borrowing capacity matters at every stage not just when starting out, the importance of smart property selection to build your portfolio, and how you can manage your risks while still using healthy debt leverage.Enjoy the episode! TIME STAMPS:0:00 - Intro1:53 - Managing Borrowing Capacity for Real Estate Investing...
In this episode, we discuss a surprising twist in the journey to wealth building – could your intelligence actually be holding you back?We also talk about the impact of the Dunning-Kruger effect on financial decisions, real-world examples illustrating the consequences of overconfidence in investing, and why conducting a "financial autopsy" is critical for your wealth success. Enjoy the episode! TIME STAMPS:0:00 - Intro2:35 - Overconfidence and the Dunning-Kruger Effect in Investing6...
In this episode, I share the 3 BIGGEST lessons I learned in my 20s so you can apply them to fast-track your way to financial success earlier than people your age.We also discuss the common mindsets that hold young individuals back from optimal growth, how to build skills that impact your wealth-building journey, and why you must reflect on both wins and losses to evolve as an investor. TIME STAMPS:0:00 - Intro1:51 - The Importance of Valuing Oneself and Acquiring Skills to Contribute to ...
In this episode, we talk about the challenges and strategies of building wealth, particularly in the context of the Asian-Australian experience. We also discuss the mindset shift between generations when it comes to prioritising money, practical steps to buy your first property as financial security, and balancing enjoying life now while still preparing financially for the future.Enjoy the episode! TIME STAMPS: 0:00 - Intro4:58 - Money mindset among younger generations8:46 - Fi...
In this episode, we talk about crafting your escape plan from the 9-5 grind with the "FU Number"—that golden figure signifying your financial independence. We dive into why knowing this number is important, the pitfalls of setting it too low or high, and the three pivotal questions to help you calculate your personal FU threshold. TIME STAMPS:0:00 - Intro1:12 - “FU Number” is the Point Where Passive Income Exceeds Expenses6:03 - Finding the Ideal Retirement Number12:23 - The Importa...
In this episode, I share the BEST 5 MONEY LESSONS I wish I had known in my 20s to help set you on a faster path to FINANCIAL FREEDOM without the costly missteps I made along the way.We also talk about the difference between being an investor versus a trader, why investing should be boring - NOT exciting, and how to CULTIVATE the essential investing mindset for the long term.Enjoy the episode!TIME STAMPS:0:00 Intro1:42 - Investing and Building Wealth Over the Long Term7:07 - Investing in Real ...
In this episode, we talk about the 5 most important lessons I learned while making my first million so you can implement them on your way to that seven-figure mark and beyond.We also talk about the transformative power of having clear financial aspirations, why chasing after the best blue-chip property isn't always the right strategy, and the pitfalls of trying to achieve everything all at once. Enjoy the episode! TIME STAMPS:0:00 - Intro6:18 - Financial Independence and the Importa...
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