Ireland’s Financial Guide For High Earners. Subscribe to the Ask About Wealth podcast to stay up to date on what matters when it comes to turning your income in...
In this episode of Ask About Wealth, we delve into the much-asked question: Should you borrow to create wealth?The straightforward answer depends on a thorough analysis of the costs involved, which are far more than just the interest rate.The video explores various costs including APR (Annual Percentage Rate), application fees, insurance, tax implications, and the time value of money. It emphasizes the importance of understanding all these factors to ensure that the return on investment outweighs the total cost of finance.Should You Borrow to Create Wealth?Understanding the True Costs of BorrowingBreaking Down Additional CostsThe Impact of Taxes and Time Value of MoneyMaking Informed DecisionsAsk about wealth helps Ireland’s high earners preserve and grow wealth.https://linktr.ee/askaboutwealth Hosted on Acast. See acast.com/privacy for more information.
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8:25
Aviation to Entrepreneurship: Crèches, Takeaways, Gyms and More with Ken O' Malley
This episode features Ken O'Malley shares his journey from a long career in aviation to entrepreneurship.In this episode, you'll hear about:• Ken's background at Shannon Aerospace • His motivation for leaving a well-paid job to seek more control over his time.• Early entrepreneurial steps with a crèche and a takeaway business, highlighting the importance of understanding profit and loss.• Influences like "Rich Dad Poor Dad", which shaped his understanding of financial and decision-making differences.• Insights from the aircraft leasing industry, which is fundamentally a financial business.• The value of seeking expert advice, referencing his positive consultation experience.Learn about entrepreneurial mindset, continuous improvement, the power of expertise, and the importance of financial understanding from Ken O'Malley's diverse business experience.Ask about wealth helps Ireland’s high earners preserve and grow wealth.https://linktr.ee/askaboutwealth Hosted on Acast. See acast.com/privacy for more information.
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54:33
From Teacher to Business Owner: Building a Life You Don’t Want to Retire From
This week on the Ask About Wealth Podcast we're joined by Brian Keane. Personal trainer, business coach, digital entrepreneur, bestselling author, podcast host, extreme endurance athlete, and founder of Brian Keane FitnessFrom walking out of a teaching career to going broke twice to success in business, Brian shares th story behind his entrepreneurial journey. Brian talks openly about mindset blocks, building a business from scratch, monetising a personal brand, and why most people confuse time management with energy management.Episode Highlights:• The mindset traps that stop people from starting• How Brian built a business he’d never want to retire from• The financial mistake that cost him €50k• Going from trading time for money to scaling income online• Why most entrepreneurs ignore planning — and why it costs themA high-energy episode packed with practical insights for any entrepreneur, side hustler, or creator looking to build something sustainable.You can get in touch with Brian here:https://briankeanefitness.com/Ask about wealth helps Ireland’s high earners preserve and grow wealth.https://linktr.ee/askaboutwealth Hosted on Acast. See acast.com/privacy for more information.
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54:57
Tax Savings for Irish Business Owners
In this episode of Ask About Wealth Pauls discusses the importance of tax planning for business owners and provides legitimate methods to minimise tax liabilities. The strategies are divided into three categories: short-term, long-term, and complex tax savings. 00:00 Introduction to Tax Avoidance for Business Owners01:04 Short Term Tax Savings Strategies05:48 Long Term Tax Savings Strategies11:01 Complex Tax Breaks and Planning12:36 Conclusion and Final Thoughts on Tax PlanningAsk about wealth helps Ireland’s high earners preserve and grow wealth.https://linktr.ee/askaboutwealth Hosted on Acast. See acast.com/privacy for more information.
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13:59
Building a €5M soap business
In this episode of the Ask About Wealth podcast, we sit down with entrepreneur John Larkin, founder of The Black Stuff.John shares the highs and lows of his entrepreneurial journey, from professional poker to scaling a handmade soap business into a global brand.This episode is a must-listen for anyone considering starting a business, making a career pivot, or looking to understand what it really takes to build something from scratch.Key Takeaways:🔹 From poker to product: John’s unconventional path to entrepreneurship🔹 How The Black Stuff was born during lockdown, and why action beats overthinking🔹 The role of branding, consumables, and repeat customers in eCommerce success🔹Why building a financial “war chest” matters before leaving a secure job🔹 The importance of tax and succession planning early in your business journeyTune in to hear real, practical insights from someone who built a business by hand, literally.You can get in touch with John through his website here:https://theblackstuff.comAsk about wealth helps Ireland’s high earners preserve and grow wealth.https://linktr.ee/askaboutwealth Hosted on Acast. See acast.com/privacy for more information.
Ireland’s Financial Guide For High Earners. Subscribe to the Ask About Wealth podcast to stay up to date on what matters when it comes to turning your income into wealth and navigating the Irish financial system. Hosted on Acast. See acast.com/privacy for more information.
Ireland