DiscoverThe Savvy Wallet PodcastEP. 174 - Money Expert: I’m 63. If You're In Your 20’s, 30’s or 40’s Watch This Before It’s Too Late
EP. 174 - Money Expert: I’m 63. If You're In Your 20’s, 30’s or 40’s Watch This Before It’s Too Late

EP. 174 - Money Expert: I’m 63. If You're In Your 20’s, 30’s or 40’s Watch This Before It’s Too Late

Update: 2025-06-02
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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:


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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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EP. 174 - Money Expert: I’m 63. If You're In Your 20’s, 30’s or 40’s Watch This Before It’s Too Late

EP. 174 - Money Expert: I’m 63. If You're In Your 20’s, 30’s or 40’s Watch This Before It’s Too Late

Savvy Wallet