Here's How Anyone Can Get Rich

Andrew Craig is the author of arguably the most useful British personal finance book of all time - How To Own The World. It was the book that opened up Damo’s eyes to what’s possible, laying out the steps for building wealth. Can anyone really get rich? Yes, you can… if you have enough time. Andrew explains how.

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Disclaimer:
This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

Chapters:
00:00 - Intro
00:48 - What does it mean to be rich?
04:42 - The good news - why it’s not too late to grow your wealth
09:30 - How to get richer (over the long-term)
13:07 - Why footballers end up skint
15:45 - Investing, NOT trading
20:34 - The problem with crypto
23:11 - Be patient, you’re in this for the long-term
27:02 - How to own the world
32:42 - Money gives you choice, not happiness
37:53 - Why we have to talk about money
39:43 - Key takeaways

[MakingMoneyPodcast]

Hello! We’ve put something together for you - a completely free guide for beginners that shows 80% of what you need to know about personal finance on 2 pages.

[julieniemeyer]

Investing is not trading.
That sentence makes things so not scary anymore. Loving the new podcast.

[davetaylor]

I came across his book in a charity shop(!). If I find nothing else of value in a charity shop, I'll be more than happy. This book has changed my life!

[gianlucapagnoni]

Brilliant! I met Him last year, actually I served him since I work in hospitality. He was very nice and suggested me to read his book, which opened up the world of investing. I just wish I met him 10 years ago, now I would have been in a better position (I'm still way better than last year afterall)
Thank you for inviting him to this Podcast!

[michaelreddington]

This podcast FLEW BY!! Sign of a great show. Well done guys. I’ll be getting Andrew’s book now…

[withwilk]

Tip that has helped me. Open a new bank account, fund it with a let's say 1.2k. Set up a direct debit of £100 per month into an index fund, Vanguard or similar. Now you have 12 months of dollar cost average investing ticking over. Each month transfer a random amount into that new bank account from your wages, keep funding it. Never look at the new account, or the investment account. Automated and simple. At times I have had enough in that account to keep investing for 3+ years without looking at it.

[curt]

Two episodes in, and I'm really enjoying this new podcast 👌 It's great to hear people talk so passionately about financial literacy 👍

[minimad]

I am glad that someone in the mainstream of wealth management came out with the, "being rich is the ability to plan your own life", makes me want to be in this position even more. Thanks guys

[connor]

'Life's about being happy. But life's about being happy once you've thought more deeply about what will actually make you happy'. Preach

[bernardo.daSilva]

This podcast should've been longer than an hour. Loved it

[Dr.JubairsFinance]

I've actually seen him in person and he is really good at convincing people to invest into the future

[ld-ci]

Working through these podcasts after recently discovering the channel. I'm so glad I listened to this one after the Gary's economics one. Pretty contrasting messages about the state of affairs.

[deborahrose]

I really enjoy these shows. Fianicial products based in US, Europe and Asia. 10% invest, and £50 a month, great tips...
Investment in human progress is at the heart of this....this progressive process does mean addressing geninue challenges in society....thus making a geninue progressive society....inclusive society seems to be what I am getting from this podcast....or maybe that's my agenda. So thanks for a Brilliant British podcast addressing a serious issue around true Fianicial literacy

[dalebettison]

So much better than the first one I listened to, got the point over without a load of effin this and effon that.... going to get the book now.

[strong]

Great listen. After watching all your other stuff, I really needed to setup a stocks and shares ISA. After being reminded again today of the importance of compounding, I've finally started 😀

[allanroberts]

Listening to Andrew and having now read his book it has become so obvious to me that the teaching of Financial Literacy should be the No 1 compulsory subject taught throughout all school years.The benefits, not just personal but societal would be incredible and transformational.

[FeelGoodGolf]

This is my favourite video you've done Damien, watched it all 👍🏼

[andrewbiggs]

Brilliant interview and what a fab guest👏👏👏.

[christines]

Great podcast Damien. I wish all young people were taught some of these principles before leaving school. This is the stuff that makes the difference to life outcomes.

[Tom_murray]

Another great interview I have the book in audio format