Description

In today’s episode, the founder and CEO of Expanding Wallet, Andrew Clarke and your host Veronika discuss the importance of building generational wealth. Listen and learn how to build your credit and create generational wealth.

About Andrew Clarke: 

Andrew Clarke, CEO of Expanding Wallet, inspires young adults to go after their big dreams and provides the financial education needed to create generational wealth. When Andrew was young, he saw his mom work over 100 hours a week. At 15 years old, he started to look for better ways to make money. Andrew read everything he could get his hands on and the things he learned changed his life. The book Rich Dad Poor Dad by Robert Kiyosaki, which had easy-to-understand money principles backed by a powerful story was especially impactful. Andrew bought his first investment property, a duplex, at 24 years. He continued to invest and began delving into other types of investing such as stocks and venture capital investments. Andrew created Expanding Wallet to transform lives. At Expanding Wallet, they inspire greatness and help young adults learn skills for creating generational wealth.

Connect with Andrew Clarke: 

Website: https://expandingwallet.com/

Facebook: https://www.facebook.com/expandingwallet

LinkedIn: https://www.linkedin.com/company/expanding-wallet/

Instagram: https://www.instagram.com/expandingwallet/

Tik Tok: https://www.tiktok.com/@expandingwallet?lang=en

Clubhouse: https://www.clubhouse.com/@expandingwallet

Timestamps: 

• Introduction [00:00]
• About Andrew Clarke [01:44]
• Why Andrew Started His Financial Education & The Book That Changed His Life [03:06]
• Start Building Generational Wealth at an Early Age [04:29]
• How to Start Building Your Credit [05:07]
• The Importance of Having a Budge When Making Decisions [05:57]
• Revolving Debt and Compound Interest Explained [08:23]
• What Should You Do if You Have to Make a Late Payment [08:59]
• Using Your Credit Cards for Creative Financing [11:07]
• Money Mindset and Keeping Your Focus on Your Goals [13:03]
• It's Not About Getting Rich, It's About Giving Yourself Options and Opportunities [15:25]
• Connect with Andrew [17:51]
• Final Thought: Have Patience, Especially with Yourself [18:11]
• Quote of the Day [21:59]

Episode Trailer: https://youtu.be/ayXG25KRG6o

Video Version: https://youtu.be/VDyLLT38-cY

Connect with The Biz Essentials Podcast

Website: https://www.thebizessentials.com

Twitter: https://twitter.com/TheBEessentials

Email: Podcast@TheBizEssentials.com

Instagram: https://www.instagram.com/thebizessentials/

Facebook: https://www.facebook.com/groups/thebizessentialspodcast

About Veronika Childs & The Biz Essentials Podcast

Veronika is a Content Creator, Professional Problem Solver and Productivity Specialist. She is passionate about helping her clients convey their digital message and streamline their productivity and workflow.

Through her podcast The Biz Essentials she encourages her listeners to “Keep the Spark” and turn their dreams into successful passion projects.

Join your host Veronika as she interviews industry experts, coaches, best-selling authors, keynote speakers, and everyday individuals who have triumphed over adversity. Learn tips, tools, and strategies that will help you succeed. Learn to BE Productive, BE Successful, BE Joyful and more importantly BE yourself.

**Connect with Veronika**

Instagram: https://www.instagram.com/veronikaventures

Facebook: https://www.facebook.com/veronikaventures

Twitter: https://twitter.com/veronikaventure

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