EP. 137 - Private Banker: STOP Doing This! 4 Things You Must Do To Become Rich! ft. Franklin Asante (Urban Financier)
Description
Joining us in the booth this week is Franklin Asante, a Private Banker at Coutts for over 16 years and the Head of the Entrepreneurs division! He's also the creator of the page the "Urban Financier" where he shares his banking experience and money tips with his followers.
In this episode we discuss:
- Franklin's journey to becoming a Private Banker at Coutts
- Timeless money lessons & principles from his time in banking
- What it really takes to build 'wealth'
- How to build wealth with your 9-5
- Why you shouldn't try to get rich fast!
- How his wealthy clients accumulated & kept their wealth
- The importance of a team to help you make & keep your money
- Key steps you can take to grow your money
- The potential of Bitcoin as an investment and much more!
đź”— Connect with Franklin on:
Instagram: https://www.instagram.com/urbanfinancier
đź“šThe Money Ladder
Grab a copy of Franklin's book: https://amzn.to/3TdyY9U
➡️ Follow Savvy Wallet on:
Instagram: https://www.instagram.com/savvywallet
TikTok: https://www.tiktok.com/@savvywallet
Check out: https://www.youtube.com/savvywallet for the video version
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TIMESTAMPS
00:00 - Preview
01:01 - Intro
01:37 - Meet Private Banker, Franklin Asante
03:48 - Trading 212 Ad
05:02 - Born in Ghana & Growing up in North-West London
09:27 - How I became a private banker!
12:04 - My career started during the financial crisis!
14:36 - My role as Head of Entrepreneurs at CouttsÂ
17:12 - Timeless money lessons I learnt from banking
21:31 - Principles around money we should all follow!Â
25:00 - Why I created the Urban FinancierÂ
26:59 - What is the process for building significant wealth?Â
31:17 - How the wealthy accumulated their wealth!
34:18 - Why the wealthy have a small portion of physical assets
37:44 - Building wealth with a 9-5!Â
41:06 - Is a side hustle necessary to reach your financial goals?
44:32 - Assets that will grow your moneyÂ
49:42 - A team will help you make & keep your money!
55:18 - Should you consider investing in Bitcoin?
01:01:03 - Don’t try to get rich in a year!Â
01:05:19 - My wealthy clients are good at this when it comes to moneyÂ
01:10:49 - The impact of government changes on our money
01:15:24 - The Money Ladder Book
01:19:31 - Final words
The information contained on this video is not intended as, and shall not be understood or construed as, financial advice. I am not a financial advisor and the information in this video is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.
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