Top 3 Bank Accounts Every High Earner Needs | Ep 38 Sales Drive with Dr Lewis Haydon

In this podcast, Lewis Haydon discusses the importance of managing money in separate bank accounts and provides tips on how to do so effectively. Lewis emphasises the need for different types of bank accounts to optimise wealth building and financial management.

The podcast covers the significance of savings accounts, ISA accounts, and where the rich really make their wealth, a third account for personal investment and skill development. Lewis also highlights the concept of cash flow and the role it plays in wealth creation.



Welcome to the A-Players (and the 100K Club) Podcast where Lewis Haydon, coach to VERY high income earners, shares with you the game of climbing the money and wealth ladder by providing you with the tools, psychology, business leadership skills, interviews and lessons from high net worth individuals to help you reach 100K a year and beyond.



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Takeaways:


The importance of managing money in separate bank accounts for effective financial management.
Different types of bank accounts, including savings accounts, ISA accounts, and a third account for personal investment and skill development.
The role of cash flow in wealth creation and the significance of using cash flow to make more money.



Chapters:

00:00 Introduction to Money Management and Bank Accounts

02:58 The Significance of Savings Accounts and Beating Inflation

05:52 Understanding ISA Accounts and Tax Advantages

09:12 The Third Account: Personal Investment and Skill Development

12:01 The Role of Cash Flow in Wealth Creation



Keywords: 

money management, bank accounts, savings, ISA, cash flow, wealth building, financial management, personal investment, skill development



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