Welcome to this week's episode of WEtv!

In episode one we talked a little bit about what we've been doing in our own personal financial situations and touched on leveraging and using debt to grow wealth. We're going to do a deep dive into that topic today and really learn what it means to leverage your wealth.

In this episode, Wealth Enhancers co-founder Sarah Riegelhuth and Financial Coach Rebecca Pritchard talk all things gearing, leverage and "hookin up some debt"!

Sarah and Rebecca cover:

- What is leveraging?

- Borrowing money for property

- Borrowing money for shares and investments

- Loan to value ratios or gearing ratios

- Why people borrow money

- Reaching big, ambitious goals

- How to leverage conservatively

- How to feel comfortable going in to debt to build wealth

- False confidence in the property market

- Why we talk about property at BBQs but not diversified share portfolios

- How to borrow money to grow your asset pool

- Loan matching / loan contributions

- Learning as you go

- Taking on more risk and riskier approaches to building wealth

- What it would look like if shit hit the fan when leveraging

- Margin calls

- Managing risk when investing

- What was happening immediately before the GFC

- Borrowing money from family and friends

- When is it the right time to start leveraging?

- Making sure your goals fit into your wealth creation strategy

- Why risk levels should be in line with what you're trying to achieve

- When are you actually 'done' with investing?

- Leveraging equity

- Why you should speak to an adviser about working leveraging into your financial plan.

PHEW - it's another big one! Thank you for tuning in this week! Leverage is a really exciting topic and something really important everyone to consider in their wealth creation journey.