May 14, 2025 • 25 mins
Rahul Kumar came to Canada for a higher education opportunity. 'Rich Dad Poor Dad' by Robert Kiyosaki and a Covid era job loss helped to shape his journey toward financial freedom and encourage the creation of his instagram account, @rahul.freedom2018
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Visit MoneyMarci.com to check out other financial literacy resources.
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Episode Transcript
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Speaker 1 (00:02):
Powered by Riverside FM. Hello and welcome to Marcie Talks
Money in Life. I'm Money Marcy, and I love the
opportunity to talk to so many people around the world
about their thoughts on money and lessons they've learned or
want to learn. So thank you for stopping by. My
guest today is Rahul Kumar. He came to Canada from
(00:23):
India in twenty fifteen for a higher education opportunity, earning
his MBA and working in sales. He stumbled upon the
book Richest Men in Babylon by George Klassen, which taught
him the fundamentals around personal finance. And then he kept
on reading various books about money and psychology and these
books started him on a journey of money management and
(00:45):
personal finance. When COVID hit, he was fired from his
job with two hours notice, which was the trigger for
him to move toward financial freedom. So welcome Rahul.
Speaker 2 (00:56):
Your introductions appropriate because the trigger was COVID. I was
a company in which I was working. I was they
were very happy with me, but suddenly, like in two hours,
they actually said, hey, you're what you have to let
you go without like much notice. So that's what I thought,
you know, there's a thing in my control.
Speaker 3 (01:15):
Here.
Speaker 2 (01:15):
They are controlling everything, like, you know, what I need
to do, how much things have to bring, how much
salurday they will give me each and everything is controlled
by this company.
Speaker 3 (01:28):
And that was one of the incidents.
Speaker 2 (01:29):
There were more incidents in the past where I was
working with the boss was not so kind, i'll say
a little bit like, you know, very controlling.
Speaker 3 (01:37):
So there are few trigger points which really.
Speaker 2 (01:40):
Pushed me to a libit that hey, you know what,
let's take it very seriously. This is not you know,
I cannot live like this being controlled and being you know,
constantly monitored by someone else, and they deciding what will
I earn, how much will I earn, how will I spend,
spend my days, how will I spend my you know, years?
So the only way out is is that, hey, you
(02:00):
know what becomes financially independent.
Speaker 3 (02:02):
And then I was.
Speaker 2 (02:04):
Reading Richmond rich that wood at called Robert Kiyosaki and
he talks about asset a lot asset and how liability is.
And when I started like reading those books, I clearly
started understanding that you know what, there's a you know,
what need to be bought and what need to be left.
So I become very focused on buying as an asset
as I can, and that's what you know is helping me.
(02:27):
I'm mostly invested in covered quality. Yes, I'm sure a
lot of people know about that or not. But it's
like an instrument which helps you regenerate passive income every month.
So that's what the asset class I'm following, and that's
what is generating me passive income, and that's how I'm
moving towards my you know, financial freedom goal.
Speaker 1 (02:46):
So right now, you are still working and you're working
at building your holdings so that you can keep creating
larger and larger streams of passive income.
Speaker 2 (02:57):
That's a present true, yeah, as in, you know, my
whole agenda is that the income or the passive income
is the ATF is generating, is reinvested back into the
portfolio so that it generates even more income and if needed,
I use it for my expenses, but if not, then
I reinvest it.
Speaker 3 (03:14):
So yeah, that is what the idea is.
Speaker 1 (03:16):
Okay, So at this point in time, you're not necessarily
benefiting from that passive income you're creating. You're creating that
wealth for the future, so that in the future you'll
be able to move to that financial freedom.
Speaker 3 (03:29):
Well that's a good, very good question.
Speaker 2 (03:31):
I am right now building my own company, which is
around telecommunications sales, because I've been in telecommunication industry for
very long. Before that, I had my own company on
recruitment side, where you used to do recruitment for other companies,
especially for the sales road, because that's what my background is.
But now I'm focused into building a company for sales
(03:52):
in the telecommunications sector.
Speaker 3 (03:53):
So now in that situation, I am thinking to.
Speaker 2 (03:58):
Use some of the passive income for my ongoing expenses
so that I can focus my energy and time on
building the CES company. Because business has potential to generate
way more wealth than the passive income which the ETF
can generate.
Speaker 3 (04:12):
So right now I will.
Speaker 2 (04:14):
Be using I was not using it so far, but
right now I'm thinking to use it for my day
to day expenses.
Speaker 3 (04:20):
And let's say I put X amount of dollars, I know.
Speaker 2 (04:22):
That if I work on the business, it regenerated even
more wealth that can be reinvested in the buying those dfs.
Speaker 1 (04:30):
You have an MBA, what did what did you study
for that MBA?
Speaker 2 (04:34):
I did my MBA in marketing entrepreneurship actually okay, Yeah,
I did from UFM University of Manitoba at the Scular Business.
Speaker 3 (04:43):
I ate my MBA there and then I moved to Calgary, Okay.
Speaker 1 (04:46):
And when you moved from India, you came here for
your master's degree, or you came here and then you
ended up going to the master's program.
Speaker 2 (04:55):
Well, I came here for the master's program in twenty
fifteen as it was a two year course while doing mansters.
Because I've always been an entrepreneurial kind of person, trying
to do something. You know, it doesn't matter, workout, doesn't work,
but it's natural to me. I always trying to do
something of my own, you know, It's just a lifestyle
thing for me.
Speaker 3 (05:14):
It's less about money, about the way I live.
Speaker 2 (05:17):
So that's why that's where the financial freedom comes in, right,
because I don't want to be in restricted by anyone
in any way. So even building a business is a
deep reflection of who I am as a person, where
I don't want to be controlled.
Speaker 3 (05:31):
I want to take care of or take high of
my own life.
Speaker 2 (05:35):
Sometimes even I feel that I could have made a
little bit more money while working for a company, but
in longer than I can make much so much more
while working for building.
Speaker 3 (05:43):
A company and for that to happen because I.
Speaker 2 (05:47):
Come from I come from a background where you know
I'm in Canada right now, there's no a financial backing
for me, So all the backing is created by me,
for myself and from a family. So that is why
I am like so much into passive income because I
know if I were to build a company, I need
to have those things in the back to support me,
like those you know, those atfs, those passive incomes coming
to it, because even building a company needs time, needs effort,
(06:10):
and the expenses won't stop for you. The expenses will
keep on happening. You know, your car is your car.
You know, insurance, your house, rent, your food, X y Z.
A lot of food going on, so that need to
be covered. We're smartly managing it while I'm building companies.
Speaker 3 (06:27):
So the whole idea is use this money to build
something much bigger in form of a company.
Speaker 1 (06:33):
You're talking about doing it for yourself. Have you built
a community, are you networking? What what are you doing
to broaden your support to build this wealth?
Speaker 3 (06:42):
Yeah?
Speaker 2 (06:43):
So absolutely like in terms of support right like I
have me because this is the second company I'm trying
to build like and my wife supports me. But more
than that, you know, it's I'm connecting with a lot
of companies in telecommunication and in fremit system, private system,
you know sector, and then I go out, I meet
(07:07):
people around Calgary. I will be doing a lot of
recruitment now at least few, so that they can work together,
train them, groom there that they can actually you know,
help me build this company while I'm helping them.
Speaker 3 (07:22):
With their you know, with their income.
Speaker 2 (07:25):
And then we also thought about it, Hey, if we
can include financial literacy education for all those people who
will be including in the company. So basically we're thinking
about hiring young talents fresh out of college, so we
want to learn sales who want to learn marketing, negotiation,
so we'll train them on these things. Plus we also
train them on a financial professional literacy is actually very critical,
(07:46):
which we try to include in every aspect of our work.
Speaker 1 (07:50):
Actually, that sounds that sounds fascinating, and so you have
also created on Instagram. I've seen where you are trying
to encourage other people on their financial literacy on there
building wealth and working towards this financial freedom. Are you
continuing to I assume read more books and keep learning
and keep reaching out. Do you have financial professionals that
(08:13):
you deal with or do you mostly try and manage
that aspect yourself quest.
Speaker 2 (08:17):
So right now, you know, there's no professional who is
working with me for managing anything because considering the portfolio
size is not that big. It's getting me started as
I've got the fundamentals in my head. Now, okay, what
need to be done. It's mostly about buying assets. That's
where the focus should be. And the more assets I buy,
the freeer I'll get. But it's mostly self learned.
Speaker 3 (08:39):
You know.
Speaker 2 (08:39):
There's no one like coaching me or training me on
a data to basis or on a regular basis. I
mostly have tons of books which I read. You know,
I always keep on reading. There's one book which I've
spoken about, like this one. It's always lying in my desk.
I always keep on reading. So I mostly, like you know,
surround myself with a lot of books. I listen to
(09:00):
some podcasts or some YouTube videos, and that's how my
education is going because I think reading book is the
best thing I feel incomes financial literacy because a it
so is that you know, I am self willing to
learn and educate myself so that I can keep on improving.
Speaker 1 (09:17):
Different people do these different ways. Are you continuing to
take classes.
Speaker 2 (09:21):
Classes you need to say, classes for financial freedom, nancial literacy.
Speaker 1 (09:25):
You have a master's degree, you said, in sales and entrepreneurship,
But I imagine that there are more things to learn,
and especially if you're not you know, you said your
portfolio is smaller to go to a financial professional to
manage it or anything, but there's no end to learning.
Speaker 2 (09:44):
That's a very good question. It's always good to have
someone by my side. Right now, I don't have any.
I'm always open who can guide me better because even
the covered.
Speaker 3 (09:54):
Quality of things, I learned it from YouTube and.
Speaker 2 (09:57):
Then I start implementing it, start learning what is covered?
Speaker 3 (10:00):
Call? How is it?
Speaker 2 (10:02):
What is the you know, how does it really operate?
Because even though they are companies, who actually, you know,
does this covered quality of thing in their premium?
Speaker 3 (10:10):
A premium?
Speaker 2 (10:12):
But it's always good to learn more and I'm always
always looking for is there a better way too, you know,
to invest?
Speaker 3 (10:20):
Is there a better way to grow this passive income?
Speaker 2 (10:24):
Is there a better way to you know, put the
money in a in asset class, which can even generate more. Well,
I'm always open for ready, and I'm always looking for
people who can actually, you know, have a discussion with me,
like I thought of have a conversation with you, because
it's always good to have a conversations with like minded
people because we all are thinking in similar directions.
Speaker 1 (10:43):
Yeah.
Speaker 3 (10:43):
Absolutely, I'm always looking.
Speaker 2 (10:44):
For someone who can have a conversation, who can coach me,
who can teach me, But so far I don't have anyone.
Speaker 3 (10:50):
You know.
Speaker 1 (10:50):
I was just talking to someone the other day about
YouTube University and how much is available out there to learn,
and then there are places I believe m I t
is one the first ones that come to mind that
they allow you to attend classes and learn more for free.
Obviously not degree, not credit, not anything like that, where
you can continue to learn. And my concern that I
addressed with my friend was when you go to YouTube University,
(11:14):
you're not always sure of who it is you are
learning from the quality of their information. And I've read,
or at least tried to read many many books about
financial literacy, and the reason I wrote my own is
I found so many of them just didn't appeal to me,
whether they weren't user friendly, or they didn't reach the
audience that I thought it was more important to reach.
Or I started reading one and I'm a CPA with
(11:36):
a lot of years of experience, and I couldn't even
understand what they were saying. They were trying. I think
they were trying to tell everyone else how smart they were,
rather than trying to bring people up and educate them.
So every book talks to someone differently. So you found
your book, and I think you basically richest men and
Babylon is. I think that's your touchstone, that is your
(11:59):
stuf point, your entry point and everything. And someone else
might pick it up and say wow, if this is
supposed to be the starting point, I guess I can't
even go there. And it's important for people to understand
we all learn differently, we all teach differently, and if
this book doesn't speak to you, pick up another book,
talk to a different friend. You can meet a financial
professional and say, wow, this person just didn't click. Whether
(12:22):
it's the way they talk or the way they listen,
or their priorities and things, whatever it is doesn't fit
for me. Then it means you need to go out
and meet more people and find that person that clicks
for you, that you can have these conversations and keep
moving forward. I love that you're already willing to share.
(12:42):
I think at an earlier part in your overall journey
to the financial freedom. But you've got a plan, got goals,
You're kind of evaluating where you're going. You're talking to
your spouse, and you're working together on these goals for
the greater good.
Speaker 2 (12:58):
And that's huge than when you are in a country
where you are by yourself. You I think that is
like a normal reflex. I feel sometimes that, you know,
because I'm in Canada, I'm just by myself, so no
one's going to save me. And that's how I've been
for the last ten years. So I've built this kind
of mindset that Okay, I have to be like really
(13:20):
focused to make sure that I'm doing well.
Speaker 3 (13:24):
Because in India, I have a big family, a.
Speaker 2 (13:27):
Lot of things are taking care but not here, so
we have to be like very You become more aware,
you become more focused, you become more creative, resourceful, and
you start doing all those things you need to be
done to get to your get to a place where
you need to be. I think you know and there's
this interesting story I'll tell you about this book. Why
(13:48):
this is like one of my all time favorite. I
read it because I was listening to a podcast or
a video of Jim Ron, the motivational speaker.
Speaker 3 (13:58):
And he told that he know what.
Speaker 2 (14:00):
In every seminar I tell people to read this book,
which is man Bablon, but no one but out of one.
Speaker 3 (14:08):
Hundred, only ten will read it, no matter what.
Speaker 2 (14:15):
Out of one hundred, only ten will read it, no
matter how many times at tell and people will come,
they'll listen to me, seek listen, mispeak, and then they'll leave.
So and all of that ten people, only one will
actually implement it. So I so that's why you know what?
And if that was and implements, it will be financially sound.
So I thought, if that you is that simple, why
(14:37):
don't I just read it and implement it. So that's
how I got into it, and I think it has
helped me a lot.
Speaker 1 (14:43):
Right, But as I said, other people, of those ten
people you know that start reading it, how many of
them reach the end because it just isn't the right
book for them.
Speaker 3 (14:53):
Yeah, that's correct, this isn't the right book. Yeah, there
are other books sos on, someone might con.
Speaker 1 (14:57):
There are thousands of books out there and finished literacy.
So if you're interested in pursuing financial literacy, go to
your library. In fact, you don't even have to go
to your library, as long as you have a library card.
You go on Hoopla and there is even more because
now we're talking about access throughout the library systems, the
digital books there and find that book, that mentor that
(15:19):
whatever you're looking for will speak to you. Now, you
keep talking about being here alone, but you left a
big family when you came here for school. Did you
intend on staying in Canada?
Speaker 3 (15:28):
Honestly, that's a good question.
Speaker 2 (15:30):
I've tried going back twice so far, back to India
because I intended to come study and then go back.
Speaker 3 (15:36):
I have big family in India. But the work, you know,
sometimes you are destined for a certain place.
Speaker 2 (15:42):
I feel that, you know, no matter how hard you
try to go back, you were always bought in for
some other reason. So I tried to go back twice,
but I've always came back for work.
Speaker 3 (15:52):
So I never intended to, honestly, to live that this long.
Speaker 2 (15:55):
But here I am.
Speaker 3 (15:56):
I'm still here ten years.
Speaker 1 (15:58):
I have no idea what Calgary is like, but Canada
is a big country, so I imagine there's there's larger
and smaller pockets of Indian operation, Indian culture, Indian food,
Indian whatever. If there's not a lot in Calgary, you
could certainly move to a place where you where you
found more more home and connectiveness.
Speaker 2 (16:18):
Yeah, and Calgary is a actually one of the big
city in Canada, more than we have more than one
point two million.
Speaker 3 (16:25):
People, so pretty decent in terms of size.
Speaker 2 (16:27):
And yes, there's a vibrant Indian culture, Indian Indian community
right here. We have all the restaurants and everything is here.
I think is that like this longing never goes away.
It's like you know your roots, right, it killsn't calling you.
And no matter how much how much ever you you
are around with people from the same country. But even
from the same country, I come from a place which
is small town, which is not so small but the
(16:49):
small city kind of thing, right. So, and we have
a family of more than one hundred people so in India,
so in term shape of where I'm from, so, yes,
I meet with a lot of Indians for my county
because I am in the field, I'm working in safe
so I'm getting a lot of a lot of people
from my from my country, but this longing never goes away.
I think this will never go away.
Speaker 3 (17:09):
I feel I feel that.
Speaker 1 (17:12):
Okay, and none of your family has moved out here,
your friends from back home.
Speaker 3 (17:17):
No, No, my.
Speaker 2 (17:18):
Brother is an Ontario. He's studying too. Yeah, he's studying too.
Maybe if he get together then things might change.
Speaker 1 (17:25):
But you know, I can imagine that that is. That's difficult.
Speaker 3 (17:30):
I have.
Speaker 1 (17:30):
I have a friend who she and her husband moved
here almost thirty years ago from England. Oh wow, And
well they find that a lot of their vacations are
going back to England to see the rest of their family.
When they came here, it was for a couple of
years to work at a car company and they ended
up staying. And so I understand about you find this home,
(17:51):
but you also have that home there, and the opportunities,
the connections, the networking, the everything you've built here is
hard to leave behind to go back. Yeah, even though
you're going back, you'd be starting from scratch in some ways.
Speaker 3 (18:04):
So yeah, no one is there to go and build
it again. That's how it is.
Speaker 2 (18:08):
So that's that's why we've invested so much time here
and we have networks, we have work, we know what
to do here.
Speaker 3 (18:14):
How to you know, run.
Speaker 2 (18:15):
A business here, business in this particular environment where I am.
So every environment is different and sometimes you get to
the environment. Right, Okay, this is this is a place
where business actually operate this way. This is how you talk,
This is how you reach out. Even though I'm from India,
but I've always worked in this country. I never actually
worked in India, as I've worked in for two years
(18:36):
in software company. You know, this business, customer interaction, even
interaction working all these things was happening.
Speaker 3 (18:43):
It happened here.
Speaker 2 (18:45):
Yeah, so it will be a it will be starting
from scratch from India.
Speaker 3 (18:49):
And if I go back to India, yeah, I.
Speaker 1 (18:51):
Can understand that. So you're going to work on building
your community here and and networking and building the wealth
and teaching others how to do the same. I mean,
I think that's fabulous.
Speaker 3 (19:01):
Yeah, I think you know a few things.
Speaker 2 (19:04):
Like the reason I got really serious about financial freedom
is that is I feel money is like you know, energy,
Money is energy just like water is the energy. Money
is also energy same water, which can be helping you
to donish your body can also kill you. If you're
not handling it properly, then you, if you like, go
inside the water right. Same similarly with money, if it's
(19:26):
properly handled, it's very nourishing, very nice, good for good
for the person or for the community. But if it's
not handled properly, same money can create disaster. So that's
why I got so much deep into financial management and
cash flow management. How do I manage this cash flow
that it creates more happiness and prosperity instead of creating
(19:49):
more have upon deep reflection, I feel that financial you know,
financial freedom and financially great trash plow management.
Speaker 3 (19:57):
Anyone can do it.
Speaker 2 (19:58):
A person who is earning average salary or average income
can be absolutely happy if he's very good at managing
his money and understanding how money works. Then if someone
who has a lot of money but he doesn't know
how to manage it, because end of the day, he
will just use that money to dig a hole for
himself and you know, create more debt, it more stress,
(20:21):
create more anxiety. Whereas a person who actually understand how
it works because there are some laws and fundamentals around,
if that is followed, it actually creates more happiness.
Speaker 3 (20:31):
This is what I say that you can be absolutely
happy with four.
Speaker 2 (20:34):
Thousand dollars per month of income and you can be
absolutely miserable with forty thousand dollars per month income.
Speaker 3 (20:41):
It depends on how you actually use the money doesn't matter.
Speaker 2 (20:44):
Let's say you have forty thousand dollars income, but you
take it so much debt that you have to pay
fifty thousand dollars per bank, then you.
Speaker 3 (20:50):
Are a mess every single every single month.
Speaker 2 (20:52):
But if you have four thousand dollars, but you manage
it so nicely that it takes your life smoothly and you.
Speaker 3 (20:57):
Are more if you're give me actually more prosperous and
happy life.
Speaker 2 (21:00):
So that's where I start understanding that you know what,
lets it is about how much money you have, It's
absolutely important, But more important is how you actually manage it,
how you actually deploy it, and how you actually use
it to generate income and also live a happy life.
Speaker 3 (21:14):
So this whole idea of.
Speaker 2 (21:16):
More and more and more and more and more sometimes
actually backfires in my understanding.
Speaker 1 (21:21):
Absolutely, you have to live within your means and really
below your means if you want to be building that
greater wealth for the long term hundred percent.
Speaker 3 (21:29):
And the idea is not to like, you know, be.
Speaker 2 (21:33):
As I'm telling us till Bassage. Hey, you know what,
I have to live in this limit only all the time? No, you,
let's keep on improving. Let's keep on improving the earning
capacity capability. But let's say whatever you are, you stay
within that. You know, that's how I think that. You
know that if I'm earning four thousand dollars per month
and I'm spending two thousand. So let's say I want
(21:53):
to improve to like ten thousand dollars a month, and
then I can spend six thousand. But I will be
always it like that because I don't want to know who
spend or But at the same time, I also I
want to make sure that I have a you know,
comfortable life. And this is what I say to everyone
who wants who speaking with My brother speaks with me,
(22:14):
there are other people who speaks with me on this topic.
Speaker 3 (22:16):
I say that here you know.
Speaker 2 (22:17):
What you become mu time and ENDU person absolutely fine,
But always have a clarity in your minded what kind
of lifestyle you.
Speaker 3 (22:25):
Want to live, what makes you happy? Right like if
you want to if.
Speaker 2 (22:29):
Your lifestyle can be achieved in five thousand dollars per month.
Don't overstress yourself just for lifetime. You know, you can
stay very happy with that lifestyle while you can keep
on building money. You can keep on building well big businesses,
you know, and then if you want to spend more,
let's totally fine, go spend more, but understanding that, Okay, fine,
if I have five thousand dollars a month, then I
(22:51):
am doing great. I don't need more to actually be happy.
So I think that's how I feel and think about money.
I know that, Okay, what is my goalpost? How much
I need to make? I did tell the evaluation. Okay,
I need this star, I need this kind of house.
I think this kind of thing, and this is what
I need. And if I have this amount of money,
if I let's see, if we have this kind.
Speaker 3 (23:13):
Of lifestyle for our entire life, it will be happy.
Speaker 2 (23:15):
Yeah, and we will be happy even if we don't
make more money after that point, we'll be still okay.
Speaker 3 (23:20):
But it doesn't mean it will stop.
Speaker 2 (23:21):
We'll keep on working because that's why I'm building business,
That's why I'm doing other stuff. But that money can
be deployed for some other purpose, doesn't have to be
deployed for my life stream.
Speaker 3 (23:29):
So as an I don't know that's how I feel
about things.
Speaker 1 (23:32):
No, I think that's that's very logical and that makes
sense to create those steps and to live within that.
That's great. We're going to be wrapping up. Have you
got any final wisdom you would like to share with us?
Speaker 2 (23:44):
Yes, so to all the people who are always season
of my financial freed And there are few things which
I always always love to share and always always love
to tell, you know people that hey, you know what,
that is the first law of wealth building in my understanding,
that's what I religiously follow, and that will get you
started for in the wealth building process.
Speaker 3 (24:05):
Listening.
Speaker 2 (24:05):
Hey, whatever you make, but like twenty percent or ten
percent of your income, like, no matter what the discipline
to put a side, twenty percent or ten percent of
you into how much you're comfortable with, it's like, pay yourself.
I'm pretty sure you know about it. Pay yourself. So
like you know, you you put that money in a
different bank account and you don't touch it.
Speaker 3 (24:23):
That's the first thing. You don't touch it. No matter
what happens.
Speaker 2 (24:26):
You are living in that eighty percent and ninety percent
of your income which is left with you. You don't
touch it because what I've felt is that that acts
as a magic pot. That's what I That's how I
say it's a magic pot. So it attracts more money.
That money which you put a side in one bank account,
it actually attract more money and it keeps an attracting
more money. You feel so content, you feel so abundant
(24:47):
all the time that you always come with some new
creative ideas and new creative ways to generate more money
and attract more money. Because money has a law like
if you have it, it brings even more.
Speaker 3 (24:56):
If you don't have it, it's you know, it just
push over more money. So that's how I for you
and that you have that thing.
Speaker 2 (25:02):
And secondly, find your asset class like whatever asset you
their multiple asset class like it can be covered for
it and reals it can be other things. I don't know,
but find your asset clauses. Start investing early. I started
investing a little bit late. I wish I would have
done it earlier, but you know, but I would say
that start putting that ten percent percent in a separate account.
(25:24):
And secondly, decide on your asset class. As well as possible,
and start buying asset as well as possible. That's the
only two thing which I think is extremely important.
Speaker 3 (25:31):
And flashal freedom. That's pretty much.
Speaker 1 (25:33):
That's great advice. Rol I appreciate you taking the time
with us. Thank you everybody out there listening. Thank you
for stopping by. Marcie talks money and life. I'm money
Marcie and we'll see you next time.
Speaker 3 (25:46):
Thank you.
Speaker 1 (25:47):
You got this so yeah,
Powered by Riverside FM. Hello and welcome to Marcie Talks
Money in Life. I'm Money Marcy, and I love the
opportunity to talk to so many people around the world
about their thoughts on money and lessons they've learned or
want to learn. So thank you for stopping by. My
guest today is Rahul Kumar. He came to Canada from
(00:23):
India in twenty fifteen for a higher education opportunity, earning
his MBA and working in sales. He stumbled upon the
book Richest Men in Babylon by George Klassen, which taught
him the fundamentals around personal finance. And then he kept
on reading various books about money and psychology and these
books started him on a journey of money management and
(00:45):
personal finance. When COVID hit, he was fired from his
job with two hours notice, which was the trigger for
him to move toward financial freedom. So welcome Rahul.
Speaker 2 (00:56):
Your introductions appropriate because the trigger was COVID. I was
a company in which I was working. I was they
were very happy with me, but suddenly, like in two hours,
they actually said, hey, you're what you have to let
you go without like much notice. So that's what I thought,
you know, there's a thing in my control.
Speaker 3 (01:15):
Here.
Speaker 2 (01:15):
They are controlling everything, like, you know, what I need
to do, how much things have to bring, how much
salurday they will give me each and everything is controlled
by this company.
Speaker 3 (01:28):
And that was one of the incidents.
Speaker 2 (01:29):
There were more incidents in the past where I was
working with the boss was not so kind, i'll say
a little bit like, you know, very controlling.
Speaker 3 (01:37):
So there are few trigger points which really.
Speaker 2 (01:40):
Pushed me to a libit that hey, you know what,
let's take it very seriously. This is not you know,
I cannot live like this being controlled and being you know,
constantly monitored by someone else, and they deciding what will
I earn, how much will I earn, how will I spend,
spend my days, how will I spend my you know, years?
So the only way out is is that, hey, you
(02:00):
know what becomes financially independent.
Speaker 3 (02:02):
And then I was.
Speaker 2 (02:04):
Reading Richmond rich that wood at called Robert Kiyosaki and
he talks about asset a lot asset and how liability is.
And when I started like reading those books, I clearly
started understanding that you know what, there's a you know,
what need to be bought and what need to be left.
So I become very focused on buying as an asset
as I can, and that's what you know is helping me.
(02:27):
I'm mostly invested in covered quality. Yes, I'm sure a
lot of people know about that or not. But it's
like an instrument which helps you regenerate passive income every month.
So that's what the asset class I'm following, and that's
what is generating me passive income, and that's how I'm
moving towards my you know, financial freedom goal.
Speaker 1 (02:46):
So right now, you are still working and you're working
at building your holdings so that you can keep creating
larger and larger streams of passive income.
Speaker 2 (02:57):
That's a present true, yeah, as in, you know, my
whole agenda is that the income or the passive income
is the ATF is generating, is reinvested back into the
portfolio so that it generates even more income and if needed,
I use it for my expenses, but if not, then
I reinvest it.
Speaker 3 (03:14):
So yeah, that is what the idea is.
Speaker 1 (03:16):
Okay, So at this point in time, you're not necessarily
benefiting from that passive income you're creating. You're creating that
wealth for the future, so that in the future you'll
be able to move to that financial freedom.
Speaker 3 (03:29):
Well that's a good, very good question.
Speaker 2 (03:31):
I am right now building my own company, which is
around telecommunications sales, because I've been in telecommunication industry for
very long. Before that, I had my own company on
recruitment side, where you used to do recruitment for other companies,
especially for the sales road, because that's what my background is.
But now I'm focused into building a company for sales
(03:52):
in the telecommunications sector.
Speaker 3 (03:53):
So now in that situation, I am thinking to.
Speaker 2 (03:58):
Use some of the passive income for my ongoing expenses
so that I can focus my energy and time on
building the CES company. Because business has potential to generate
way more wealth than the passive income which the ETF
can generate.
Speaker 3 (04:12):
So right now I will.
Speaker 2 (04:14):
Be using I was not using it so far, but
right now I'm thinking to use it for my day
to day expenses.
Speaker 3 (04:20):
And let's say I put X amount of dollars, I know.
Speaker 2 (04:22):
That if I work on the business, it regenerated even
more wealth that can be reinvested in the buying those dfs.
Speaker 1 (04:30):
You have an MBA, what did what did you study
for that MBA?
Speaker 2 (04:34):
I did my MBA in marketing entrepreneurship actually okay, Yeah,
I did from UFM University of Manitoba at the Scular Business.
Speaker 3 (04:43):
I ate my MBA there and then I moved to Calgary, Okay.
Speaker 1 (04:46):
And when you moved from India, you came here for
your master's degree, or you came here and then you
ended up going to the master's program.
Speaker 2 (04:55):
Well, I came here for the master's program in twenty
fifteen as it was a two year course while doing mansters.
Because I've always been an entrepreneurial kind of person, trying
to do something. You know, it doesn't matter, workout, doesn't work,
but it's natural to me. I always trying to do
something of my own, you know, It's just a lifestyle
thing for me.
Speaker 3 (05:14):
It's less about money, about the way I live.
Speaker 2 (05:17):
So that's why that's where the financial freedom comes in, right,
because I don't want to be in restricted by anyone
in any way. So even building a business is a
deep reflection of who I am as a person, where
I don't want to be controlled.
Speaker 3 (05:31):
I want to take care of or take high of
my own life.
Speaker 2 (05:35):
Sometimes even I feel that I could have made a
little bit more money while working for a company, but
in longer than I can make much so much more
while working for building.
Speaker 3 (05:43):
A company and for that to happen because I.
Speaker 2 (05:47):
Come from I come from a background where you know
I'm in Canada right now, there's no a financial backing
for me, So all the backing is created by me,
for myself and from a family. So that is why
I am like so much into passive income because I
know if I were to build a company, I need
to have those things in the back to support me,
like those you know, those atfs, those passive incomes coming
to it, because even building a company needs time, needs effort,
(06:10):
and the expenses won't stop for you. The expenses will
keep on happening. You know, your car is your car.
You know, insurance, your house, rent, your food, X y Z.
A lot of food going on, so that need to
be covered. We're smartly managing it while I'm building companies.
Speaker 3 (06:27):
So the whole idea is use this money to build
something much bigger in form of a company.
Speaker 1 (06:33):
You're talking about doing it for yourself. Have you built
a community, are you networking? What what are you doing
to broaden your support to build this wealth?
Speaker 3 (06:42):
Yeah?
Speaker 2 (06:43):
So absolutely like in terms of support right like I
have me because this is the second company I'm trying
to build like and my wife supports me. But more
than that, you know, it's I'm connecting with a lot
of companies in telecommunication and in fremit system, private system,
you know sector, and then I go out, I meet
(07:07):
people around Calgary. I will be doing a lot of
recruitment now at least few, so that they can work together,
train them, groom there that they can actually you know,
help me build this company while I'm helping them.
Speaker 3 (07:22):
With their you know, with their income.
Speaker 2 (07:25):
And then we also thought about it, Hey, if we
can include financial literacy education for all those people who
will be including in the company. So basically we're thinking
about hiring young talents fresh out of college, so we
want to learn sales who want to learn marketing, negotiation,
so we'll train them on these things. Plus we also
train them on a financial professional literacy is actually very critical,
(07:46):
which we try to include in every aspect of our work.
Speaker 1 (07:50):
Actually, that sounds that sounds fascinating, and so you have
also created on Instagram. I've seen where you are trying
to encourage other people on their financial literacy on there
building wealth and working towards this financial freedom. Are you
continuing to I assume read more books and keep learning
and keep reaching out. Do you have financial professionals that
(08:13):
you deal with or do you mostly try and manage
that aspect yourself quest.
Speaker 2 (08:17):
So right now, you know, there's no professional who is
working with me for managing anything because considering the portfolio
size is not that big. It's getting me started as
I've got the fundamentals in my head. Now, okay, what
need to be done. It's mostly about buying assets. That's
where the focus should be. And the more assets I buy,
the freeer I'll get. But it's mostly self learned.
Speaker 3 (08:39):
You know.
Speaker 2 (08:39):
There's no one like coaching me or training me on
a data to basis or on a regular basis. I
mostly have tons of books which I read. You know,
I always keep on reading. There's one book which I've
spoken about, like this one. It's always lying in my desk.
I always keep on reading. So I mostly, like you know,
surround myself with a lot of books. I listen to
(09:00):
some podcasts or some YouTube videos, and that's how my
education is going because I think reading book is the
best thing I feel incomes financial literacy because a it
so is that you know, I am self willing to
learn and educate myself so that I can keep on improving.
Speaker 1 (09:17):
Different people do these different ways. Are you continuing to
take classes.
Speaker 2 (09:21):
Classes you need to say, classes for financial freedom, nancial literacy.
Speaker 1 (09:25):
You have a master's degree, you said, in sales and entrepreneurship,
But I imagine that there are more things to learn,
and especially if you're not you know, you said your
portfolio is smaller to go to a financial professional to
manage it or anything, but there's no end to learning.
Speaker 2 (09:44):
That's a very good question. It's always good to have
someone by my side. Right now, I don't have any.
I'm always open who can guide me better because even
the covered.
Speaker 3 (09:54):
Quality of things, I learned it from YouTube and.
Speaker 2 (09:57):
Then I start implementing it, start learning what is covered?
Speaker 3 (10:00):
Call? How is it?
Speaker 2 (10:02):
What is the you know, how does it really operate?
Because even though they are companies, who actually, you know,
does this covered quality of thing in their premium?
Speaker 3 (10:10):
A premium?
Speaker 2 (10:12):
But it's always good to learn more and I'm always
always looking for is there a better way too, you know,
to invest?
Speaker 3 (10:20):
Is there a better way to grow this passive income?
Speaker 2 (10:24):
Is there a better way to you know, put the
money in a in asset class, which can even generate more. Well,
I'm always open for ready, and I'm always looking for
people who can actually, you know, have a discussion with me,
like I thought of have a conversation with you, because
it's always good to have a conversations with like minded
people because we all are thinking in similar directions.
Speaker 1 (10:43):
Yeah.
Speaker 3 (10:43):
Absolutely, I'm always looking.
Speaker 2 (10:44):
For someone who can have a conversation, who can coach me,
who can teach me, But so far I don't have anyone.
Speaker 3 (10:50):
You know.
Speaker 1 (10:50):
I was just talking to someone the other day about
YouTube University and how much is available out there to learn,
and then there are places I believe m I t
is one the first ones that come to mind that
they allow you to attend classes and learn more for free.
Obviously not degree, not credit, not anything like that, where
you can continue to learn. And my concern that I
addressed with my friend was when you go to YouTube University,
(11:14):
you're not always sure of who it is you are
learning from the quality of their information. And I've read,
or at least tried to read many many books about
financial literacy, and the reason I wrote my own is
I found so many of them just didn't appeal to me,
whether they weren't user friendly, or they didn't reach the
audience that I thought it was more important to reach.
Or I started reading one and I'm a CPA with
(11:36):
a lot of years of experience, and I couldn't even
understand what they were saying. They were trying. I think
they were trying to tell everyone else how smart they were,
rather than trying to bring people up and educate them.
So every book talks to someone differently. So you found
your book, and I think you basically richest men and
Babylon is. I think that's your touchstone, that is your
(11:59):
stuf point, your entry point and everything. And someone else
might pick it up and say wow, if this is
supposed to be the starting point, I guess I can't
even go there. And it's important for people to understand
we all learn differently, we all teach differently, and if
this book doesn't speak to you, pick up another book,
talk to a different friend. You can meet a financial
professional and say, wow, this person just didn't click. Whether
(12:22):
it's the way they talk or the way they listen,
or their priorities and things, whatever it is doesn't fit
for me. Then it means you need to go out
and meet more people and find that person that clicks
for you, that you can have these conversations and keep
moving forward. I love that you're already willing to share.
(12:42):
I think at an earlier part in your overall journey
to the financial freedom. But you've got a plan, got goals,
You're kind of evaluating where you're going. You're talking to
your spouse, and you're working together on these goals for
the greater good.
Speaker 2 (12:58):
And that's huge than when you are in a country
where you are by yourself. You I think that is
like a normal reflex. I feel sometimes that, you know,
because I'm in Canada, I'm just by myself, so no
one's going to save me. And that's how I've been
for the last ten years. So I've built this kind
of mindset that Okay, I have to be like really
(13:20):
focused to make sure that I'm doing well.
Speaker 3 (13:24):
Because in India, I have a big family, a.
Speaker 2 (13:27):
Lot of things are taking care but not here, so
we have to be like very You become more aware,
you become more focused, you become more creative, resourceful, and
you start doing all those things you need to be
done to get to your get to a place where
you need to be. I think you know and there's
this interesting story I'll tell you about this book. Why
(13:48):
this is like one of my all time favorite. I
read it because I was listening to a podcast or
a video of Jim Ron, the motivational speaker.
Speaker 3 (13:58):
And he told that he know what.
Speaker 2 (14:00):
In every seminar I tell people to read this book,
which is man Bablon, but no one but out of one.
Speaker 3 (14:08):
Hundred, only ten will read it, no matter what.
Speaker 2 (14:15):
Out of one hundred, only ten will read it, no
matter how many times at tell and people will come,
they'll listen to me, seek listen, mispeak, and then they'll leave.
So and all of that ten people, only one will
actually implement it. So I so that's why you know what?
And if that was and implements, it will be financially sound.
So I thought, if that you is that simple, why
(14:37):
don't I just read it and implement it. So that's
how I got into it, and I think it has
helped me a lot.
Speaker 1 (14:43):
Right, But as I said, other people, of those ten
people you know that start reading it, how many of
them reach the end because it just isn't the right
book for them.
Speaker 3 (14:53):
Yeah, that's correct, this isn't the right book. Yeah, there
are other books sos on, someone might con.
Speaker 1 (14:57):
There are thousands of books out there and finished literacy.
So if you're interested in pursuing financial literacy, go to
your library. In fact, you don't even have to go
to your library, as long as you have a library card.
You go on Hoopla and there is even more because
now we're talking about access throughout the library systems, the
digital books there and find that book, that mentor that
(15:19):
whatever you're looking for will speak to you. Now, you
keep talking about being here alone, but you left a
big family when you came here for school. Did you
intend on staying in Canada?
Speaker 3 (15:28):
Honestly, that's a good question.
Speaker 2 (15:30):
I've tried going back twice so far, back to India
because I intended to come study and then go back.
Speaker 3 (15:36):
I have big family in India. But the work, you know,
sometimes you are destined for a certain place.
Speaker 2 (15:42):
I feel that, you know, no matter how hard you
try to go back, you were always bought in for
some other reason. So I tried to go back twice,
but I've always came back for work.
Speaker 3 (15:52):
So I never intended to, honestly, to live that this long.
Speaker 2 (15:55):
But here I am.
Speaker 3 (15:56):
I'm still here ten years.
Speaker 1 (15:58):
I have no idea what Calgary is like, but Canada
is a big country, so I imagine there's there's larger
and smaller pockets of Indian operation, Indian culture, Indian food,
Indian whatever. If there's not a lot in Calgary, you
could certainly move to a place where you where you
found more more home and connectiveness.
Speaker 2 (16:18):
Yeah, and Calgary is a actually one of the big
city in Canada, more than we have more than one
point two million.
Speaker 3 (16:25):
People, so pretty decent in terms of size.
Speaker 2 (16:27):
And yes, there's a vibrant Indian culture, Indian Indian community
right here. We have all the restaurants and everything is here.
I think is that like this longing never goes away.
It's like you know your roots, right, it killsn't calling you.
And no matter how much how much ever you you
are around with people from the same country. But even
from the same country, I come from a place which
is small town, which is not so small but the
(16:49):
small city kind of thing, right. So, and we have
a family of more than one hundred people so in India,
so in term shape of where I'm from, so, yes,
I meet with a lot of Indians for my county
because I am in the field, I'm working in safe
so I'm getting a lot of a lot of people
from my from my country, but this longing never goes away.
I think this will never go away.
Speaker 3 (17:09):
I feel I feel that.
Speaker 1 (17:12):
Okay, and none of your family has moved out here,
your friends from back home.
Speaker 3 (17:17):
No, No, my.
Speaker 2 (17:18):
Brother is an Ontario. He's studying too. Yeah, he's studying too.
Maybe if he get together then things might change.
Speaker 1 (17:25):
But you know, I can imagine that that is. That's difficult.
Speaker 3 (17:30):
I have.
Speaker 1 (17:30):
I have a friend who she and her husband moved
here almost thirty years ago from England. Oh wow, And
well they find that a lot of their vacations are
going back to England to see the rest of their family.
When they came here, it was for a couple of
years to work at a car company and they ended
up staying. And so I understand about you find this home,
(17:51):
but you also have that home there, and the opportunities,
the connections, the networking, the everything you've built here is
hard to leave behind to go back. Yeah, even though
you're going back, you'd be starting from scratch in some ways.
Speaker 3 (18:04):
So yeah, no one is there to go and build
it again. That's how it is.
Speaker 2 (18:08):
So that's that's why we've invested so much time here
and we have networks, we have work, we know what
to do here.
Speaker 3 (18:14):
How to you know, run.
Speaker 2 (18:15):
A business here, business in this particular environment where I am.
So every environment is different and sometimes you get to
the environment. Right, Okay, this is this is a place
where business actually operate this way. This is how you talk,
This is how you reach out. Even though I'm from India,
but I've always worked in this country. I never actually
worked in India, as I've worked in for two years
(18:36):
in software company. You know, this business, customer interaction, even
interaction working all these things was happening.
Speaker 3 (18:43):
It happened here.
Speaker 2 (18:45):
Yeah, so it will be a it will be starting
from scratch from India.
Speaker 3 (18:49):
And if I go back to India, yeah, I.
Speaker 1 (18:51):
Can understand that. So you're going to work on building
your community here and and networking and building the wealth
and teaching others how to do the same. I mean,
I think that's fabulous.
Speaker 3 (19:01):
Yeah, I think you know a few things.
Speaker 2 (19:04):
Like the reason I got really serious about financial freedom
is that is I feel money is like you know, energy,
Money is energy just like water is the energy. Money
is also energy same water, which can be helping you
to donish your body can also kill you. If you're
not handling it properly, then you, if you like, go
inside the water right. Same similarly with money, if it's
(19:26):
properly handled, it's very nourishing, very nice, good for good
for the person or for the community. But if it's
not handled properly, same money can create disaster. So that's
why I got so much deep into financial management and
cash flow management. How do I manage this cash flow
that it creates more happiness and prosperity instead of creating
(19:49):
more have upon deep reflection, I feel that financial you know,
financial freedom and financially great trash plow management.
Speaker 3 (19:57):
Anyone can do it.
Speaker 2 (19:58):
A person who is earning average salary or average income
can be absolutely happy if he's very good at managing
his money and understanding how money works. Then if someone
who has a lot of money but he doesn't know
how to manage it, because end of the day, he
will just use that money to dig a hole for
himself and you know, create more debt, it more stress,
(20:21):
create more anxiety. Whereas a person who actually understand how
it works because there are some laws and fundamentals around,
if that is followed, it actually creates more happiness.
Speaker 3 (20:31):
This is what I say that you can be absolutely
happy with four.
Speaker 2 (20:34):
Thousand dollars per month of income and you can be
absolutely miserable with forty thousand dollars per month income.
Speaker 3 (20:41):
It depends on how you actually use the money doesn't matter.
Speaker 2 (20:44):
Let's say you have forty thousand dollars income, but you
take it so much debt that you have to pay
fifty thousand dollars per bank, then you.
Speaker 3 (20:50):
Are a mess every single every single month.
Speaker 2 (20:52):
But if you have four thousand dollars, but you manage
it so nicely that it takes your life smoothly and you.
Speaker 3 (20:57):
Are more if you're give me actually more prosperous and
happy life.
Speaker 2 (21:00):
So that's where I start understanding that you know what,
lets it is about how much money you have, It's
absolutely important, But more important is how you actually manage it,
how you actually deploy it, and how you actually use
it to generate income and also live a happy life.
Speaker 3 (21:14):
So this whole idea of.
Speaker 2 (21:16):
More and more and more and more and more sometimes
actually backfires in my understanding.
Speaker 1 (21:21):
Absolutely, you have to live within your means and really
below your means if you want to be building that
greater wealth for the long term hundred percent.
Speaker 3 (21:29):
And the idea is not to like, you know, be.
Speaker 2 (21:33):
As I'm telling us till Bassage. Hey, you know what,
I have to live in this limit only all the time? No, you,
let's keep on improving. Let's keep on improving the earning
capacity capability. But let's say whatever you are, you stay
within that. You know, that's how I think that. You
know that if I'm earning four thousand dollars per month
and I'm spending two thousand. So let's say I want
(21:53):
to improve to like ten thousand dollars a month, and
then I can spend six thousand. But I will be
always it like that because I don't want to know who
spend or But at the same time, I also I
want to make sure that I have a you know,
comfortable life. And this is what I say to everyone
who wants who speaking with My brother speaks with me,
(22:14):
there are other people who speaks with me on this topic.
Speaker 3 (22:16):
I say that here you know.
Speaker 2 (22:17):
What you become mu time and ENDU person absolutely fine,
But always have a clarity in your minded what kind
of lifestyle you.
Speaker 3 (22:25):
Want to live, what makes you happy? Right like if
you want to if.
Speaker 2 (22:29):
Your lifestyle can be achieved in five thousand dollars per month.
Don't overstress yourself just for lifetime. You know, you can
stay very happy with that lifestyle while you can keep
on building money. You can keep on building well big businesses,
you know, and then if you want to spend more,
let's totally fine, go spend more, but understanding that, Okay, fine,
if I have five thousand dollars a month, then I
(22:51):
am doing great. I don't need more to actually be happy.
So I think that's how I feel and think about money.
I know that, Okay, what is my goalpost? How much
I need to make? I did tell the evaluation. Okay,
I need this star, I need this kind of house.
I think this kind of thing, and this is what
I need. And if I have this amount of money,
if I let's see, if we have this kind.
Speaker 3 (23:13):
Of lifestyle for our entire life, it will be happy.
Speaker 2 (23:15):
Yeah, and we will be happy even if we don't
make more money after that point, we'll be still okay.
Speaker 3 (23:20):
But it doesn't mean it will stop.
Speaker 2 (23:21):
We'll keep on working because that's why I'm building business,
That's why I'm doing other stuff. But that money can
be deployed for some other purpose, doesn't have to be
deployed for my life stream.
Speaker 3 (23:29):
So as an I don't know that's how I feel
about things.
Speaker 1 (23:32):
No, I think that's that's very logical and that makes
sense to create those steps and to live within that.
That's great. We're going to be wrapping up. Have you
got any final wisdom you would like to share with us?
Speaker 2 (23:44):
Yes, so to all the people who are always season
of my financial freed And there are few things which
I always always love to share and always always love
to tell, you know people that hey, you know what,
that is the first law of wealth building in my understanding,
that's what I religiously follow, and that will get you
started for in the wealth building process.
Speaker 3 (24:05):
Listening.
Speaker 2 (24:05):
Hey, whatever you make, but like twenty percent or ten
percent of your income, like, no matter what the discipline
to put a side, twenty percent or ten percent of
you into how much you're comfortable with, it's like, pay yourself.
I'm pretty sure you know about it. Pay yourself. So
like you know, you you put that money in a
different bank account and you don't touch it.
Speaker 3 (24:23):
That's the first thing. You don't touch it. No matter
what happens.
Speaker 2 (24:26):
You are living in that eighty percent and ninety percent
of your income which is left with you. You don't
touch it because what I've felt is that that acts
as a magic pot. That's what I That's how I
say it's a magic pot. So it attracts more money.
That money which you put a side in one bank account,
it actually attract more money and it keeps an attracting
more money. You feel so content, you feel so abundant
(24:47):
all the time that you always come with some new
creative ideas and new creative ways to generate more money
and attract more money. Because money has a law like
if you have it, it brings even more.
Speaker 3 (24:56):
If you don't have it, it's you know, it just
push over more money. So that's how I for you
and that you have that thing.
Speaker 2 (25:02):
And secondly, find your asset class like whatever asset you
their multiple asset class like it can be covered for
it and reals it can be other things. I don't know,
but find your asset clauses. Start investing early. I started
investing a little bit late. I wish I would have
done it earlier, but you know, but I would say
that start putting that ten percent percent in a separate account.
(25:24):
And secondly, decide on your asset class. As well as possible,
and start buying asset as well as possible. That's the
only two thing which I think is extremely important.
Speaker 3 (25:31):
And flashal freedom. That's pretty much.
Speaker 1 (25:33):
That's great advice. Rol I appreciate you taking the time
with us. Thank you everybody out there listening. Thank you
for stopping by. Marcie talks money and life. I'm money
Marcie and we'll see you next time.
Speaker 3 (25:46):
Thank you.
Speaker 1 (25:47):
You got this so yeah,
Host
Marci Grossman
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