Wealth Wellness - The Path to Healthier Finances with Dominic Baldwin
Description
Although we associate money with happiness, it can, in truth, be the cause of many problems. That is why, this week, Ang has invited Dominic Baldwin, CEO of Xentum Ltd on to the show. Dominic’s company focuses on helping people with lifestyle wealth planning. Where most financial advisors will advise you in ways that benefit them, and their cut of your money, Dominic approaches financial advice from a wellbeing point of view. In this interview with Ang, Dominic outlines the steps and strategies he uses that can help you achieve healthy, financial wellbeing.
KEY TAKEAWAYS
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Dominic’s father lost his parents at a very early age and, as a result, found himself to be financially independent. Dominic later discovered that the people advising his father about his finances did not have his best interests at heart. Dominic explains how this led him on the path to forming Xentum Ltd.
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Most financial advisors will ask you how much money you have and then try to increase that amount by investing and/or attempting to save you from paying a high tax bill. Dominic outlines how his service offers something different - financial advice from a humanistic point of view.
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Most of us spend our lives trying to achieve financial wellbeing. Dominic lays out his tried and tested method on how he helps his clients get there.
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Through his work with his clients, Dominic realised that most of them were also in need of emotional support. This led him to form another company, Xentum Wellbeing. He explains what this company does and how it can help you.
BEST MOMENTS
“Don’t dream in black and white, dream in technicolour.”
“There’s no correlation between happiness and your bank balance.”
“If your advisor is being remunerated as a percentage of your success then there is a conflict of interest.”
www.xentum.co.uk https://www.linkedin.com/in/dominic-baldwin
EPISODE LINKS
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