In this episode of the Lazy Wealth Creators podcast, Carl shares valuable insights on both saving and making money, all while embracing a touch of old-school charm. The episode kicks off with a practical tip about keeping a coin jar, highlighting the recent resurgence of cash usage and the importance of having physical currency on hand for emergencies. Carl suggests innovative pricing strategies that encourage customers to leave behind small change, using relatable examples from cafes and window cleaning services.

KEY TAKEAWAYS

• Keep a Coin Jar: Maintaining a coin jar can be a practical way to save cash for emergencies, especially as some stores may not accept digital payments. It can also accumulate a surprising amount of money over time.
• Cash Payment Advantages: With a recent uptick in cash usage, having physical cash on hand can be beneficial, particularly when electronic payment systems fail in stores.
• Pricing Strategy: When pricing products or services, consider setting prices that encourage customers to leave behind small change. This can create a perception of value while also benefiting the seller.
• Upselling Techniques: Use upselling strategies by suggesting complementary products to customers. For example, if someone buys a mug, recommend a hat to complete their purchase.

BEST MOMENTS

"Keep yourselves a coin jar. Now I know what you're going to say. This is why it's old school. Well, everything's digital now, but recently cash has seen a bit of an upsurge."

"When it comes to pricing your products... structure your pricing in such a way where it looks like really good value, but it's also a massive inconvenience to the consumer to wait for change."

"He's charging me nine pound, which is undercutting his competition by two pound 50. But then actually when he comes to collect, he's taken that extra pound off me anyway."

"You can always try and do the complete purchase to upsell. In another episode I mentioned about selling hats in the cold."

VALUABLE RESOURCES

HOST BIO
Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.

In this episode of the Lazy Wealth Creation podcast, Carl shares valuable insights on saving money, particularly for children. The discussion revolves around the concept of "paying and forgetting," encouraging listeners to set aside a small percentage of their income into a savings account each time they get paid, regardless of the amount.

KEY TAKEAWAYS

• Paying and Forgetting: Whenever you receive money, whether from your employer or other sources, set aside a small percentage (even as little as 50p or £2) into a savings account immediately and forget about it. This helps build a habit of saving without feeling the pinch.
• Compounding Interest: Even small amounts saved regularly can accumulate significantly over time due to compounding interest. For example, saving just £50 a year can result in £900 by the time a child turns 18, which can be beneficial for their future needs.
• Gifts for Children: During holidays or special occasions, consider asking family members to contribute to a child's savings account instead of spending the full amount on gifts. Suggest they spend only half on a gift and put the other half into a locked savings account.
• Side Hustle Savings: When earning from side hustles, retain 10% of your income in your payment account (like PayPal or Stripe) for future business needs or emergencies. This creates a safety net and allows for reinvestment in your ventures.

BEST MOMENTS
"The point is the lesson of the journey. So well done to everybody that's getting up and getting yours."

"What we're trying to focus on is the physical act of saving money, delayed gratification, save up and buy something later on down the line."

"If you can afford to buy 20 cigarettes, or you can afford to buy a six pack of lager, you can afford to put five pound a week away in your child's accounts."

"Every time you get paid, put a couple of percentage points away at every single time you get paid."

VALUABLE RESOURCES

HOST BIO
Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.

In this festive episode of "Lazy Wealth Creation, Carl expresses heartfelt gratitude to listeners and supporters, highlighting the importance of community during the holiday season. Carl reflects on the past year, encouraging everyone to acknowledge their achievements, no matter how small, and to recognise the resilience shown throughout 2024. Looking ahead, the episode teases exciting developments

KEY TAKEAWAYS

• Gratitude for Supporters: A heartfelt thank you is extended to listeners, subscribers, and supporters, highlighting the importance of community and encouragement in the journey of wealth creation.
• Reflection on Achievements: The end of the year is a time to reflect on personal achievements, acknowledging that it's okay if not all goals were met, especially given the challenges faced in 2024.
• Exciting Plans for 2025: There are promising developments for the upcoming year, including the launch of a new platform and educational resources, as well as opportunities for subscribers to engage with guest speakers and industry professionals.
• Continuous Engagement: The holiday season is seen as an ideal time to plan for the future, encouraging listeners to remain proactive in their wealth creation efforts even during the festive period.
• Community Growth: The podcast is experiencing growth in subscribers, indicating a thriving community of individuals interested in lazy wealth creation strategies and support.

BEST MOMENTS
"It's OK if you didn't achieve everything that you set out for. Hell, it's actually okay if you just got through 2024 relatively unscathed."

"2025 is going to be a great year for us lazy wealthers because we've got a new platform launching."

"We've got guest speakers. We've got interviews with real business professionals with real experience of doing this stuff for a living."

VALUABLE RESOURCES
HOST BIO
Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.

In this episode of the Lazy Wealth Creation Podcast, Carl dives into the importance of understanding your finances by creating a clear overview of your income and expenses. Carl encourages to grab a piece of paper or open a spreadsheet to document their financial situation honestly, identifying unnecessary expenses that can be eliminated. The value of personal skills and experiences that can be monetised such as dog walking, cooking, proofreading, and sewing. By recognizing and promoting these skills, you can create additional income streams while managing your finances more effectively.

KEY TAKEAWAYS

• Track Your Income and Expenses: Create a document or spreadsheet to list all sources of income and all expenses. This honest accounting helps identify unnecessary expenditures.
• Identify Unused Subscriptions: Regularly review your expenses to find subscriptions or services that you no longer use or need, such as gym memberships or streaming services, and consider canceling them.
• Leverage Your Skills for Extra Income: Write down valuable skills or services you can offer, such as dog walking, cooking, proofreading, or sewing, and promote these to generate additional income.
• Utilize the Snowball Method for Debt Management: Consider joining a membership site that offers tools and strategies, like the snowball method, to help you pay off debts efficiently.

BEST MOMENTS
"Be as honest as you can. I'm not going to come and check. I'm not the homework police."

"I pay just under 600 pounds a month for that. So that's one thing."

"If you're a cook, can you cook for people? Can you prepare healthy, nutritious meals?"

"You are wrong. Totally wrong. And I'm going to give you a real world example now."

VALUABLE RESOURCES

HOST BIO
Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.

In this episode of Lazy Wealth Creation, Carl shares practical tips for saving money during the winter months while also exploring a unique money-making strategy. The discussion begins with the importance of layering clothing to reduce heating costs, harking back to times before central heating. Carl then introduces an entrepreneurial idea: purchasing affordable winter hats and other winter accessories to sell at local events and gatherings.

KEY TAKEAWAYS

• Layer Up to Save Money: During winter, consider turning down your heating and wearing extra layers of clothing to reduce heating bills. This old-fashioned approach can help you stay warm without incurring high costs.
• Identify Money-Making Opportunities: Look for local events or gatherings where you can sell items like hats, scarves, or other seasonal products. Timing your sales to coincide with cold weather or festive occasions can maximize your profits.
• Source Products Economically: Purchase items like Thinsulate hats and scarves from discount retailers or online platforms in bulk to keep costs low. This allows for a higher profit margin when reselling.
• Impulse Purchases Are Key: Focus on selling products that cater to immediate needs, such as warm clothing during cold events. People are more likely to make impulse purchases when they feel a pressing need for the item.

BEST MOMENTS
"One of the ideas on the saving money element is you can actually turn down your heating in favor of some good old clothes."

"You can sell hats, scarves, Christmas lights... particularly when people are coming out from nights out and it's a bit cold."

"I spent 50 quid on hats... and I sold them as a combination set... completely sold out in less than half an hour."

"Download those calendars from the local authority, look on social media for various local pageants or festivities that are happening."

HOST BIO
Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.

In this episode of the Lazy Wealth Creation Podcast, Carl welcomes Rebecca Bonington, the CEO of Tricress and a seasoned business coach, to discuss strategies for achieving significant growth in small to medium-sized businesses. Rebecca shares her insights on the importance of establishing a strong management team, creating a positive company culture, and implementing effective systems to ensure sustainability and legacy.

• KEY TAKEAWAYS
  Focus on Legacy: Business owners should aim to create a sustainable legacy by building strong management teams and a positive company culture, which can lead to long-term success and the ability to pass the business on to future generations.
• Importance of Systems: Establishing effective systems within a business is crucial for scalability and growth. Without systems, a business can struggle to maintain stability and efficiency.
• Accountability in Coaching: A successful business coach holds clients accountable for their progress, providing support and guidance while ensuring that they stay on track with their goals.

BEST MOMENTS
"If you don't have systems in your business... your business just falls over. You have to establish your culture and then build the steel structure—those are the systems."

"You have to allow people to pursue things that resonate with them. Otherwise, they are living somebody else's life according to their rules. And that's just misery making."

"I've been doing a little bit of business development in business schools across the UK, and I've been looking at the heads of the business schools, the heads of the MBA. Not one of them that I came across has ever built their own business and exited it."

"The mindset is very different for an individual who is the employee versus the mindset of the business owner who's prepared to take risk, who's prepared to put their house on the line, get a mortgage, and pay down some debt to build a business from nothing."

HOST BIO
Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.

In episode 15 of the Lazy Wealth Creation Podcast, Carl dives into practical money-saving strategies, focusing on the importance of shopping around for energy providers and car insurance. Carl encourages you to utilise price comparison websites like Go Compare and Compare the Market to potentially save hundreds of pounds annually by switching providers.

KEY TAKEAWAYS

• Shop Around for Energy Providers: It's important to compare energy providers as switching can save you a significant amount, potentially up to £700 a year.
• Use Price Comparison Websites: Websites like Go Compare, Compare the Market, and Confused.com can help you find better deals on energy and car insurance. Having your most recent bill handy will streamline the process.
• Avoid Auto-Renewals for Insurance: Don't accept renewal quotes without shopping around. Insurance companies often increase rates without justification, so actively seeking new quotes can lead to substantial savings.
• Consider Affiliate Marketing Programs: Joining affiliate programs for energy providers can be a way to earn money. By promoting these services, you can earn a percentage of the bills from customers you refer.
• Look for Additional Benefits: Many comparison sites offer incentives like discounts or vouchers when you switch providers. Take advantage of these offers to maximize your savings.

BEST MOMENTS
"The difference between provider A and provider B might be about six or seven hundred pounds a year. That's how much it's costing you, the difference."

"Don't just auto renew your insurance guys. They will absolutely take advantage of you."

"For every person who signs up to an energy product with Utility Warehouse, you will get paid a percentage of that individual's bill."

"If you just type in Affiliate Link British Gas, Affiliate Link E.ON, you can promote those links on social media."

VALUABLE RESOURCES

HOST BIO
Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.

In episode 14 of the Lazy Wealth Creation podcast, Carl shares innovative money-saving tips and entrepreneurial ideas centered around cycling. The episode emphasises the benefits of cycling to work instead of driving, highlighting its cost-effectiveness and environmental friendliness. Building on the previous episode's discussion about using Eventbrite for event organization, Carl suggests offering guided cycling tours along the picturesque coastline of Wirral, where participants can enjoy stunning views while stopping at local businesses.

KEY TAKEAWAYS

• Cycle to Work: Consider cycling instead of driving to save money on transportation costs. Once you purchase a bicycle, the ongoing costs are minimal, and it’s environmentally friendly.
• Organise Cycle Tours: Leverage local scenic routes to create and sell guided cycle tours through platforms like Eventbrite. This can attract cycling enthusiasts who are willing to pay for unique experiences.
• Partner with Local Businesses: Negotiate deals with local pubs and eateries along your cycling route to earn a percentage of sales or offer discounts to your tour participants, creating a win-win situation for both parties.
• Monetise Parking Spaces: If you live near event venues, consider renting out your parking spaces during events. This can be a lucrative way to earn extra income, especially during high-demand events like sports tournaments or concerts.
• Utilise Social Media for Promotion: Use social media to promote your cycling tours and engage with participants. Encourage them to share their experiences online to increase visibility and attract more customers.

BEST MOMENTS
"Can you, instead of driving to work or driving around your local supermarket, could you possibly cycle? It's cheap, easy, and of course, it's free once you've bought it."

"You can offer a group cycle experience... cyclists all over the world are mad for going out and doing these sorts of 15, 20 mile cycle rides."

"You can start to negotiate deals with those local business owners... for every sale that you get, I would like a percentage of that."

VALUABLE RESOURCES

HOST BIO
Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."

Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.

Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.