S3E34- Will Rainey – Unlock your child's financial future

Key Timecodes

• (00:48) – Show intro and background history
• (03:14) – Deeper into his business model
• (05:51) – A bit about his book
• (07:15) – Understanding his corporate experience
• (08:08) – What are the key takeaways from his book
• (11:18) – The difference between being wealthy and rich
• (13:02) – What parents can do to help their children learn about money
• (18:21) – Stocks as businesses that we are investing in
• (19:51) – A bit about joint and custody accounts
• (22:16) – The foundations of teaching young people about money and investing
• (23:20) – Deeper into his book and philosophy
• (25:22) – Does he provide educational webinars or school seminars?
• (26:19) – A key takeaway from the guest
• (28:55) – What is the worst advice he ever received
• (29:20) – What is the best advice he ever receives
• (30:11) – Guest contacts

Transcription

[00:00:04.500] – Intro

Hey, this is Sean Tepper, the host of Pay Back Time, an approachable and transparent podcast on financial independence. I’d like to bring on guests to hear authentic stories while giving you actionable takeaways you can use today. Let’s go. My next guest was an actuary in the early part of his career until 2019 when he and his wife achieved F IRT, Financial independence retire early. At that point, he started a blog and wrote a book that helps children save and invest. In this episode, we break down some of the key takeaways such as rich versus wealthy, why an allowance can teach kids to save early, and why patience is the number one strategy you need to become wealthy. Please welcome Will Rainey. Will, welcome to the show.

[00:00:50.670] – Will

Thanks for having me. I’m really looking forward to this.

[00:00:52.770] – Sean

Good to have you here. So why don’t you kick us off and tell us about your background?

[00:00:56.670] – Will

Yeah, sure. So I’m Will Rainey. I’m from the UK, but I have a haven’t actually lived in the UK for about nine years now. I’m actually based in Asia. So my background is, after I finished university, I got a job in a big consultancy firm and I worked as an actuary. So for people who might not know, an actuary is essentially an accountant who loves statistics. So I used to advise very large corporations or insurance companies or governments around their investment. So talking millions of dollars, in some cases billions of dollars, about where they should put their money for the long term. So we used to do lots of projections and stuff. So I did that in the UK. And in 2014, we got an offer with the same company to move to Hong Kong. So I got to travel around and advise all these different big corporations around Asia. And it was fantastic. And got to see different countries and people. Then it was around 2017, I was just talking to a client and they said, I was talking about my two young daughters, and they said, Enjoy this time with them. They only grew up once, which is a very obvious statement, but it really had a big impact on me.

[00:02:01.660] – Will

So I said to my wife, we should spend more time with the kids. So that’s exactly what we did. So in 2019, we left our full-time corporate jobs and we moved to a place called Hoi An in Vietnam, which is one of the best places in the world. I recommend everyone go there. And so we took time off, spent time with the kids, and I really wanted to have a project. And so I reflected about how fortunate we were to be able to take this time off corporate work. And it’s because we were been saving and investing for the longest time. And it turns out it’s because my parents and my wife’s parents were both savers. And so we just naturally became savers. And so I was like, all right, I really want my kids to have this same opportunity when they’re older to be able to take time off work if they want to. So I started teaching my kids about money and using stories, et cetera. And then I created a business around that called BlueT ree Savings, which is there to help parents teach their kids about money. And that’s just now…

[00:02:55.690] – Will

It didn’t start. I never had that passion for a long time, but now it’s just completely consumed me. And I think there’s so much that we can do to help parents learn about money themselves, but then give that to their kids and change their whole financial future. So that’s where I am today is spending a lot of time helping parents and families talking about money.

[00:03:14.380] – Sean

I love the journey there of just being responsible with your investments, working hard. Sounds like you and your wife had pretty solid jobs there. And then you decided let’s achieve that fire and financial independence pretty early. So good on you guys. Thank you. Now, I’m jumping to blue tree savings. Com right now while it’s loading. Why don’t you tell us a little bit more about this business model? Is it like a blog or is it a membership site? Or how does it work?

[00:03:42.200] – Will

Yes, it’s a blog site. So I started off just writing stories. So I tell my kids a bedtime story and it would either be a children’s story that I might have heard before, then put a money spin on it, or it might be a real world adult’s money story and then try to put a kid spin on it. So I started just posting them on a blog site, so BlueT ree Savings, and they started to get really good traction. In fact, it got picked up by the Financial Times in the UK and other media outlets for that. And so every week I write a new blog. But the great thing about the blogs is because I’m writing them for parents teach their kids. Parents are reading it and saying, actually, I’ve never seen this being presented in this way before. It makes it so simple. I never learned about money. So the parents are learning about money themselves. And it’s using the kids as a catalyst to learn. But as I was writing these blogs, I had these little stories. And then after about 18 months, people were like, I really want to think just to give to my kids.

[00:04:39.160] – Will

So I took the little stories from the blogs and created a book. And so I’ve got a book called Grandpa’s Fortune Fables, which has been around for about two years now. It was best seller on the Kids and money section and it’s going to be translated. So I self published but now publishers from different languages are buying the rights to it. So it’s in Vietnamese at the moment. It’s going to be in Chinese. It’s going to be randomly in Romanian very shortly as well. So it’s just picked up and gained momentum from that. And the other bit that we do is I do some workshops for companies. So we do lunch and learn. So sessions where I’m talking to the employees how to teach their kids about money. But it’s one of those Trojan horses. It’s like, come to this, learn about money for your kids. But secretly, you’re going to learn some money about some tips about money for yourself as well. People feel comfortable going to that workshop because they don’t feel there’s any judgment on them about them and their money. Because as we know, a lot of people who are struggling with money don’t want to tell everyone about that.

[00:05:40.650] – Will

So they feel really nervous about seeking help. So it’s been one of the good things about the workshops has been high attendance because everyone’s like, I can maybe get some tips for myself.

[00:05:51.390] – Sean

To the listeners out there, you have to go check out this book. Again, it’s Grandpa’s Fortune Fables. I’m on the site here, BlueT ree Savings. Whoever did the artwork for it, really professional graphics. The cover of the book looks like… I mean, this looks top of the class design. It looks like over 10,000 copies sold. I see it’s labeled right next to it. So you’re doing it. And the five star rating looks like on Amazon. Amazing there.

[00:06:19.750] – Will

Yeah. And so it’s really interesting because I mentioned I’m an at tree by background, so I’m a numbers guy by background. And the fact that I’ve got a book out and it’s been so well received is crazy. But it’s just that consistency as I’ve been doing it now for about four years. And so you get my first ones were probably really rubbish. Every week, I just got into that discipline of every week, I’m going to write something, and then slowly it got better. But in terms of the artwork, I got really lucky because I was in Viet Nam and it was COVID at that time. And just so happens, one of my good friends, he’s from New Zealand and he works in marketing, and he does a lot of really good, great graphics for that. But because of COVID, there just wasn’t much business. And he loved the project that I was doing. So he helped me out big time. So I was really keen as I’m self publishing that I didn’t want the book to look like it’s just been self published. Very lucky on that in terms of the people and the timing of that as well.

[00:07:16.340] – Sean

That’s incredible. And then before I want to jump into some hot takeaways that are in the book, I want to give our audience some things they can walk away with today and give to their kids. But just to list some of the companies here for the listeners. So you’ve done, it looks like workshops with Amazon, HSBC, Aon. I’m familiar with Aon. I think they’re based out of Chicago. I live very close to that. And there’s a long list here, but really great corporate experience there.

[00:07:44.900] – Will

Yeah, I’ve been really excited. Many Fortune 500 companies who are really taking on the financial wellbeing for their employees and just wanted to have this as one of their programs. Great network. Again, some of that’s leveraging my former career in the financial services. But it’s fantastic to see that more and more companies are doing these workshops, and hopefully I’ll get to do more and more in the future.

[00:08:08.610] – Sean

Right on. Well, let’s dive into the book a little bit. What are some key takeaways our audience can walk away with?

[00:08:13.980] – Will

Yeah, so interesting bit. So I have this concept and I used it with my kids when I was very young, when they were very young. It’s to try and get kids to think of money like seeds. And so straight away, you can give those seeds away and that’s just like spending. But straight away, kids are really curious about what does it mean when you plant them? So again, that’s saving it. They picture these trees growing over time when they plant them, and that’s just like investing. And so it was really interesting. They very much got into this visualization of this forest slowly growing over time. And it worked really well. Lots of different conversations that we had. Instead of talking about money and coins and notes and stuff, we just talked about these trees and growing them over time. And it was such a fun conversation. Hence the name of the company, BlueT ree Savings, because we call the trees blue trees just to distinguish from regular trees. So the whole book is based on grandpa, and he goes off to his far away island. He’s going to try and seek gold and to get rich quick, but that never happens.

[00:09:14.500] – Will

But he learns to look after his grow this forest. But what the real three principles we have, like the three rules of wealth in the book. And so the three rules of wealth are first, spend less than you earn. Second, invest what you save. And the third is be patient. But it used to be is the tree analogy and has little stories behind each of those rules where the first one is for every 10 seeds that you receive, make sure you keep one of those. The second is don’t put the seeds under the bed. They’ll never grow. Make sure you plant them. So we talk about investing. Then the third one is about patience, which I think is the superpower of the financially healthy and wealthy. But yeah, so it uses these characters to really help kids learn about money from investing, from tax, charity. But it’s all on this journey of grandpa’s mission to live life on this far away island. And it becomes a bit of a sage of money by the end of the book. But it’s got the young kids in the book as well. But one of the big topics that parents like is the concept of rich versus wealthy.

[00:10:18.970] – Will

And so you have this character called Richie Raccoon in the book, and he’s the typical, he’s got nice clothes, he goes on nice holidays, he’s got nice foods because he used to find loads of gold. And so he’s the typical what we call rich. But then you got grandpa who looks after and grows this forest and he doesn’t have any frills about him. But by the end of it, he’s looking after Richie Raccoon. And it’s really important because in my mind, children are going to grow up and they’re going to see these rich chart is everywhere. They’re going to see him on Instagram. They’re going to have some friends who are probably showing off lots of stuff. But we don’t really get to see many of these wealthy characters, these people who are looking after their money. They might not be so flamboyant. And so I really wanted to have these two characters as grandpas, the wealthy character looking after his money. And it’s really interesting when you talk to kids after and say, Which character do you want to be? Richard Raccoon or Grandpa? And they all go, I want to be like Grandpa and look after their money and grow their forests and pieces like that.

[00:11:15.030] – Will

And that’s exactly the mindset that we want from the book.

[00:11:18.730] – Sean

There’s so much wisdom behind that because in today’s society, as you see it all the time on Instagram and TikTok and YouTube is the flashiness and the fancy cars and the course is on how to become a millionaire in the next seven days. The click baiting, it’s just ridiculous. But it’s usually those people, as we both know, are completely broke. And I get people coming to even me sending me videos. It’s like, do you think this person is legitimate or not? And after a few minutes, I’ll look their business up, understand how they make money. In most cases, within 10 minutes, I can be like, okay, so this is another scam artist to the nth degree. And then it’s the truth truth about, I think there’s a book that was written years ago, like the millionaire next door or some title like that. And it’s somebody who’s completely modest. There’s nothing flashy about them, but they take care of their money and they have a net worth that is over and above you could ever manage.

[00:12:15.950] – Will

Yeah, it’s exactly that. And the point about the get rich quick, that’s pretty much one of the first chapters in the book. It has grandpa going to this far away island on the promise that there’s going to be loads of gold. But clearly when he gets there, he’s being scammed. So it’s actually based on… So I use some of the real world stories. It’s actually based on a real world story about Samuel Brannan. So he was in the mid 1800s when it was the American Gold Rush. And he just went on the streets going, gold, gold, gold everywhere. And he didn’t find any gold. But he sold shovels and hotel rooms, et cetera, because he was incentivized to tell everyone there was gold because the more people knew about it, the more money he would make. And he actually became one of the wealthiest people during the American Gold Rush, despite never finding. So I used that story and converted it into one of the characters in the book.

[00:13:02.210] – Sean

That’s a great perspective on that story because I usually tell a different spin on that story, which is from an investment standpoint, don’t be the one chasing the trend. Invest or create the product or invest in the business that supports the trend. An example would be, like you said, the gold rush. The people that got rich weren’t the ones mining gold as the people selling pickaxes, shovels, and even Levi’s jeans came out in the 1850s as a better solution, a stronger pair of pants than it was Khakis’s back then, which would fall apart after 15 minutes. And another more modern example would be thinking of, for example, crypto. People investing in crypto can be very speculative, very risky. But what do a lot of crypto miners use? Well, they need semiconductor chips running their computers. So invest in semis instead of semiconductors instead of just going all in on Doja coin or something like that.

[00:14:02.630] – Will

Yeah, 100 %. Yes, the tools rather than the outcomes that really rate the money.

[00:14:08.600] – Sean

Can we dive into a little bit? I love the strategy at the surface. You talked about we like to get tactical here. Our audience would Tykr. We want to take action immediately. What are some of the tactical moves people can make today, either themselves or maybe pass some wisdom on to their kids?

[00:14:29.440] – Will

Yeah. So first one I’d say to all parents is from the youngest, pretty much from his youngest four years old, give your children some pocket money or allowance, depending on what you call it. It doesn’t matter how much you give them, but that’s just such an important action that you can take because children learn many of their money, adult money behaviors by the age of seven, which just blew my mind when I first heard that. I didn’t think about money at that time. But when they’re young, they’re just observing what parents are doing and adult else around them are doing. And if all they see is adults spending money, they’re just going to get hard wired money is spending, money is for spending. And at some point later in life, they go, All right, this is concept of savings that I need to do, or investing or giving. And it becomes really hard each other, and you have to then rewire that. And we know how hard it is to change habits as we get older. So just giving kids some pocket money from a young age, allowing them to make money decisions, encouraging them to save just a little bit, or one out of every 10, as I mentioned in the book, allows them to get into those habits from a young age.

[00:15:34.210] – Will

Hopefully, when they’re older, they’ll have lots of savings and people will say, How come she got so much savings? And they’ll be like, That’s just what I’ve always done. I’ve done it since I was little when I first got given money. Whereas if kids only get money on special occasions like birthdays or holidays or tooth fairy, it’s going to be so novel to them that it’s going to be really hard to get them to create new habits and behaviors. So just giving kids a little bit of money regularly, allowing them to make some decisions, getting them into really good habits is one thing. And then the second piece is to either invest for your kids or better still invest with your kids from a young age. Again, it gives that forest many years to grow. But also if children see investing from a young age and see that the best action is to buy something very simple and then hold it for a long period of time. And they’ll see the ups and downs over their childhood, such that when they become 18 or an adult and they’re going to start investing for themselves, they have all that experience.

[00:16:29.570] – Will

As we know, adults, when they first start investing, it’s so scary. And the first crash, they get over excited or over worried, and then they make really bad decisions. Whereas if you invest for your kids and they see over time it has some bumps and stuff like that. They’ve just got such an advantage over so many people from that. And teaching kids about investing. If I got time, I’d just go through how I taught my daughters about investing because I was in Hong Kong, that’s about four or five years ago. And so we invest in a global index fund. So invest in thousands of companies on a regular monthly basis. And so we’re in McDonald’s. And I actually said to them, did you know you actually own a piece of McDonald’s? And they got really excited. I was like, yeah, you own a piece of tray, you’re going this table. All those people queuing up for their burgers and their Happy Meals. Some of the money they’re going to give to McDonald’s is yours because you own a piece of McDonald’s. Granted, I don’t go through exactly how small that big of thing is. It’s not just this McDonald’s, it’s all the McDonald’s around the world.

[00:17:31.960] – Will

Then we walked out and we saw the Apple Store and I said, all those people buying their iPhones, some of that money is yours. Because we’re in Hong Kong, there’s a Disneyland. So I was like, you own a piece of Disneyland? That got them super excited, as you can imagine. But straight away, they got this concept that we give some money to these companies and therefore they own. And therefore, the more money people spend at those companies, the more money they’re growing. And that’s how their trees grow. And we talked a bit about how they use that money to, say in McDonald’s case, create new burgers or open new restaurants. So the more money they make, the more money that the investors make. Essentially, when people spend money, that money goes to companies and those companies are owned by people. You want to be one of those people. And luckily, my daughters are. And that’s why I want to try and encourage as many parents as possible to get their children into that mindset of owning companies, not just by spending their money there.

[00:18:21.410] – Sean

Yes, we’re very much the same way at Tykr. And Warren Buffett has preached that over and over. You don’t want to look at stocks as pieces of paper. You want to look at them as these are businesses you’re actually investing in. I like how your facial expression here really lit up when your daughters realized there was a brand connection because saying index fund or you could say mutual fund or ETF is very boring. You can’t connect the dots, but as soon as they say, Okay, within that fund is McDonald’s or Disney, it’s like, oh, really? That’s an exciting moment.

[00:18:53.650] – Will

It really is. And they love it. And especially because you’re in Dex Funds, you’re in pretty much every big company that they’ve ever heard of. So it works really well.

[00:19:02.170] – Sean

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[00:20:14.860] – Sean

So do you talk about that at all?

[00:20:16.620] – Will

Not in the book as such, but I do talk about that on the workshops that I talk about. And it depends on which country I’m hosting the piece in because there’s different types of bank accounts. But I say to all parents, when they’re young, it doesn’t really matter as long as the money is earmarked for them. So it can be your name and you just got it earmarked for them. But as they get older, given them a little bit more independence with that money and having it under their name. But the really interesting piece around that is when you can set up an account which then gets transferred to them at 18, lots of parents are really, really worried. They think back to when they’re 18 and they’re thinking, My child is going to get potentially hundreds, maybe even thousands of dollars on their 18th birthday. What are they going to go and spend it on? And they’re really worried they’re just going to spend it really impulsively and it’s going to be a word. So in the UK, we have child accounts which are tax protected. Again, on 18th birthday, it becomes theirs. And lots of parents don’t want to do that because that whole risk But what I say to them is I can appreciate, understand that risk, but the best thing to do is to make sure your child knows about the money.

[00:21:22.670] – Will

So even if it’s in your name or their name, make sure they know about it, such that they can start planning for it. Because you just want to take that risk that they’re going to spend it compulsively. And the best way of doing that is making sure they know it’s there, they see it’s growing, so they’re taking ownership of it. But making plans. And those plans can change as they get older and have different pieces. But the more they plan, the less it’s going to be spent. And the tree analogy works really well because they’ve got this forest and kids think about that visualization. You’re like, Are you really just going to chop down all those trees? And they’re like, No. They want to look after those peace. So I’d say to any parents, make sure if you are saving for your kids, let them know about it. Show them it regularly so they see the ups and downs. The worst is that parents save all this money for their kids or invest this kid. They don’t tell the kids about it. The kids get it on the 18th birthday. They feel like they’re lottery winners, and we all know how good lottery winners are with their money.

[00:22:18.100] – Sean

Yes. You know what? It all comes down to the key foundation of education. If they have this runway of education to know what to do with the money when they get that at 18, then you should have the peace of mind. But you’re right, if you just surprise them and be like, so I’ve been saving for you for X and here you are, you can have it. You’re right. In most cases, they’re going to make a bad decision with that money.

[00:22:41.730] – Will

Yeah. Well, again, I think we all think back to what we were doing at 18.

[00:22:46.310] – Sean

I look back, I had no idea in high school and even in college about how to invest. It’s like the things I wish I would have knew, you could say, right?

[00:22:59.750] – Will

Yeah, exactly. I suppose a lot of kids are going to be quite optimistic at that time as well. So getting up my age, it was just going into College at that age and you’re like, oh, I’m going to get a good degree. I’m going to earn lots of money in the future. So why do I want to keep that money? I can just spend it and I’ll earn some more in the future. It would probably have been my mindset because I didn’t really think about saving up until a bit later in life.

[00:23:20.380] – Sean

Sure. Now, with the book, give us an idea how many pages is it? How long does it take to get through?

[00:23:27.280] – Will

Yeah. So it’s 14 chapters. Each chapter has a different story in there. So it’s about 250 pages, it’s about 21,000 words. So it’s for 7 to 13 year olds to read on their own. But the stories are gentle enough that even from a young age, so parents reading it with kids as young as four, because the way it’s set up, it’s got an ongoing story, but each chapter has a mini story within it. And those stories are like the fables. So even if kids are young enough they don’t really get the money lesson. They’ll hopefully still enjoy the story. And then as they get older, they’ll go, Oh, that’s what it means in terms of money. A bit like Aesop’s fables when we probably first heard the boy of Christ Wolf, we probably just enjoyed the story and didn’t think about the message. But then as we get older and we remember it, we’re like, Oh, okay. I see the power behind that. And so I’m hoping that’s the piece. But yeah, it’s one of the very few books that’s targeted for that age range. I think there’s a lot of really good money books for kids who are young and it’s picture books.

[00:24:29.180] – Will

But the most of the other books that are for that same age range as my book are more textbook or in nature. So it’s more this is what money is, this is the history of money. Whereas I don’t know. I love the richest man in babylon. I love rich dad, poor dad. I love psychology, money because they’re all using stories and therefore they’re so much easier to remember. And so that’s why I really wanted for this book.

[00:24:51.860] – Sean

That’s a challenge in the world we’re in is a lot of finance is very bland and it’s a lot of $20 words and a lot of confusion. It’s like, where do you start? We try to make it really similar, give you an idea. We get people as young as 17 or 18 using Tykr, but people well into their 50s and 60s that use it as well just because it’s simple terms language. We’re not trying to confuse anybody to sound smart. So we’re just a bunch of regular people trying to help others invest.

[00:25:22.520] – Will

Fantastic.

[00:25:23.340] – Sean

Right on. Well, that gives really good context on the length of the book, how quick or how slow somebody can work through it. But if people want more information, then they can come into your site, read your blog posts, go from there. Is there anything else you do? Do you do any free webinars, Zoom webinars, anything like that?

[00:25:42.330] – Will

No. So I do a few pro bono bits of schools. Again, virtually going to some classes and talking to students, which I think is fascinating. And it’s really interesting doing those because I do about 10 minutes of little presentation, and then the rest of whatever time we have left, half an hour or more, just answering questions. Kids are just so curious. If they give them the forum to do it, they’re all raising their hands, asking many questions. So that’s better. But on my website, I also have an online course for people who’d rather watch videos rather than read blogs on the website as well.

[00:26:18.770] – Sean

That’s great. Awesome. Well, before we jump to the rapid fire round, is there one key take away you can maybe give to some of the adult listeners on this podcast?

[00:26:28.930] – Will

Yeah. So I think the key piece is to start in terms of saving and investing. I think that’s the biggest piece around it is, many people spend so much time trying to figure out what’s the best way to invest. And they might listen to millions of podcasts, millions of books, trying to figure out what’s the best way to invest. And it really is just getting started is the best way. You can refine it over time, but it’s those who are losing out on so much opportunity in terms of growing their wealth by trying to get too almost too much education. It’s trying to find something sensible, pragmatic, relatively cheap and get started. And then just leave it as much as possible and invest for have that long term mindset is the advice that I try and give people because I know as I’m not a financial advisor, I can’t give exact investment advice to people, but I’m just like, just get some advice from anywhere but just get started. Just get started.

[00:27:28.210] – Sean

Thank you for saying that because we do get quite a few investors that join Tykr and then they research, they read, then they think, and then they research and they sit on the sidelines, and next thing you know, three months turns into six months, six months turns into a year, and they haven’t bought their first stock. So as Will said, just get started by your first stock.

[00:27:49.610] – Will

Yeah, 100 %. And it’s why I want parents to start with their kids as well. It just gives them such an advantage in terms of that period of time. And there’s no right or wrong answer to when’s the best time or what’s the best investment. It’s always going to be a little bit of hindsight, a lot of it is a misfortune.

[00:28:06.580] – Sean

All right, well, let’s jump into the rapid fire round. This is the part of the episode where we get to find out who Will really is. If you can try to answer each question in 15 seconds or less. You ready? Yes. All right. What is your favorite podcast?

[00:28:21.280] – Will

So I’d say high performance. So with Jake Humphreys and Dr. Damion Hearst, I believe. The other one, Fantastic.

[00:28:28.400] – Sean

Nice. What is the recent book you read and would recommend?

[00:28:31.960] – Will

I’m a massive Malcolm Gladwell fan, so I’ve just recently read David and Goliath. Fantastic.

[00:28:37.540] – Sean

Nice. What is your favorite movie?

[00:28:40.350] – Will

I’m going to go with Blood Diamond. Really?

[00:28:45.820] – Sean

Yeah. Really interesting. That’s a first for the podcast. All right, that was 2005, 2006, somewhere in there, somewhere like that? Yeah, it’s a really good movie. Good movie. All right, we got a few business questions here. What is the worst advice you ever received?

[00:28:59.660] – Will

I think when we were in the UK and we were going to move to Hong Kong, someone said, Why change? Your life is comfortable. You’ve got everything there. And I just felt actually, I don’t want to be doing the same thing for the next 30 years. So I’m really glad that we made the change just because staying the same thing for 30 years would be a.

[00:29:19.050] – Sean

Bit dull. And what is the best advice you ever received?

[00:29:23.370] – Will

I think it’s interesting. Converse to that it’s about patience. I think just as I mentioned before, I think patience is the superpower of just hearing that saying, if you’re going to be successful, you have to be patient. Whether that’s investing, whether that’s growing a business, whether it’s doing blogs all the time and just seeing how it grows, don’t try and expect things to.

[00:29:43.610] – Sean

Happen overnight. Yeah, great advice. And last question here is the time machine question. If you could go back in time to give your younger self advice, what age would you visit and what would you say?

[00:29:54.200] – Will

So I’ll probably be true to my book and say I’ll go back to about when I was about seven and first started getting pocket money and trying to get into the habit of saving just a little bit of that pocket money. At the time, I was not like that. I used to get the pocket money and go straight and buy a secondhand.

[00:30:07.800] – Sean

Computer game. Right on. I was with you. All right. And then where can the audience reach you?

[00:30:14.810] – Will

So the best place is my website, which is blue tree savings. Com. The book’s available on Amazon and I’m quite active on LinkedIn. So if you want to… I generally do about a few posts a week to help give tips for parents.

[00:30:29.650] – Sean

Awesome. We’ll place all those links below in the show notes. But Will, thank you so much for sharing this information to help out not only kids, but their parents as well. I think this is great.

[00:30:40.370] – Will

Thanks for having me on the show. I really appreciate it.

[00:30:42.430] – Sean

All right, we’ll talk to you soon. See you. Hey, I’d like to say thank you for checking out this podcast. I know there’s a lot of other podcasts you could be listening to, so thanks for spending some time with me. Also, if you have a moment, could you please head over to Apple podcast and leave a review? The more reviews we get, the more Apple will share this podcast with the world. So thanks for doing that. And last thing, if you do hear any stocks mentioned on this podcast, please keep in mind this podcast is for entertainment purposes only. Please do not make a buy or sell decision based solely on what you hear. All right, thanks for your time. Talk to you later. See you.