September 20, 2019
In this episode, Michael explores the idea of building potential income streams, in the hope that if one of them takes off, the upside payoff will give unlimited potential.
He talks about why he made the decision to work part time - in the hope of using more of his time to work on various projects which might have a bigger upside in the long run.
Michael mentions how financial Independence isn't just a financial journey, its a personal discovery journey!
He talks about how to leverage other people's time and focus on taking baby steps to shift your focus from a single income steam, to multiple income steams.
For events and webinars visit:
September 18, 2019
In this episode, Michael shares how he uses credit cards to manage his daily cash flow.
He gives a history of how he found himself in €30,000 in credit card debt 12 years ago and what he learned from that experience.
Today, Michael uses two credit cards to pay for his day to day expenses. He discusses how this strategy can be useful to improve cash flow and decrease bank charges.
Peer to Peer Lending Webinar:
September 16, 2019
In this episode, Michael shares some of his knowledge on the FOREX trading industry. He looks at various options around active and passive FOREX trading.
Active trading is where you are in control over the trades that you carry out. Passive trading is where another trader trades on your behalf. Once the account is set up, the trading is fully passive.
Michael is running free live webinar's each month, covering both active and passive (copy trading) FOREX trading. To view the events and register, visit:
To find out more about Bizintra visit and receive a call back with more information on how their free trading education works, visit:
September 6, 2019
In this episode, Michael tackles the question of should you focus of paying debt (or your mortgage) quicker by making extra repayments, or should you invest.
He looks at different options, such as:
- Clearing off high interest debt.
- Invest in cash producing assets. Once the cash flow from the investments pays for your mortgage, you will be effectively mortgage free.
- Start making extra repayments on your debt and track it as an investment. Effectively borrow against your investment portfolio, with a promise to pay it back, plus interest.
Meet up Groups coming up:
12th September - Dublin meet up group:
18th September - Limerick meet up group:
September 4, 2019
In this episode, Michael talks with Guy Davis. Guy is a long time friend who Michael meet back to 2004.
Guy started his financial Independence journey when he was 18 (he is in his mid 30's now.) What makes his story special, is that he began investing before the 2008 financial crisis, so has survived a recession and came out the other side better for it.
Guy has always had this amazing ability to put time and freedom ahead of material possessions. This hasn't stopped his doing what he loves (such as traveling), but at this same time he has this vision to life his life in a relaxed, low cost life style.
Guy is originally from Brisbane in Australia, but is currently living in Auckland, New Zealand, and has two kids aged 7 and 4. We touch on his financial education approach with his kids during the interview.
Quotes from the episode:
"When there is blood on the streets, that's when you need to be buying stocks."
"If it is truly going to be the end of the financial system, the money in the bank is probably no good to you... so you may as well put it in equities as there is a very good chance your close to a bottom."
"Financial Independence is delaying the short term gratification, knowing that your going to get a better pay off down the track."
August 30, 2019
In this episode Michael discusses the trap between time and money. He mentions that there is no magic number and that what we are ultimately looking for when we aim for financial Independence, is time freedom.
He mentions to start micro managing your FI journey and focus on yearly goals, rather than focusing on the final "big number".