In this episode, Carl discusses a somewhat controversial money-saving tip: quitting smoking. While acknowledging the health benefits of stopping the habit, the focus is on the financial implications, highlighting how much money smokers could save weekly. Carl encourages listeners to invest those savings into a gym membership, particularly at more upscale gyms that wealthy individuals frequent. By surrounding themselves with successful people, listeners can build valuable relationships that may lead to future opportunities.
KEY TAKEAWAYS
Stop Smoking for Financial Savings: Quitting smoking can save individuals between £30 and £100 a week, which can be redirected towards more productive investments.
Join a Higher-End Gym: Investing in a more expensive gym membership, such as David Lloyd, can provide access to a network of wealthy individuals.
Build Relationships: Engaging in small talk and building relationships in the gym can lead to valuable connections. People are more likely to help those they know, like, and trust.
Change Your Mindset: To achieve wealth, it's essential to change your mindset and actively seek out social environments where you can meet and learn from successful individuals.
Networking Opportunities: Attending events and engaging with people in social settings, such as gyms, can open doors to opportunities that may not be available otherwise.
BEST MOMENTS
"What I would love you to be able to do with that money that you've just saved from kicking up the habit, is go and join an expensive gym."
"You need to start surrounding yourself with the people that you want to become like."
"People help people who they know, like, and trust."
"If you stop smoking that could be one way to do it."
"You have to get out. You have to meet people."
VALUABLE RESOURCES
HOST BIO
Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."
Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.
Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.
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