The ONE Solution to Your Financial Challenges
Rob Moore argues that insurance and banks won't protect your wealth, so you must become self-insured by building liquid capital and multiple income streams. He shares how accidents on his Aston Martin spiked his premiums, then pitches the Moneymaker Summit, a multi-day event teaching tax reduction, AI leverage, and an eight-stage path to millionaire status.
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The one solution to your financial challenges I'm going to share now, and I— you learn this the most through life experience. Now, I have an Aston Martin, a DBS. Not bragging, just saying. And whilst this is a first world problem, this is a great lesson to take control of your finances. So I park my Aston Martin in the same place in my offices every day, and someone, a lady in a, I think a Toyota Yaris, reversed into me. Now she's on the local business estate, so she knows my car's parked there all the time. She reversed into me. Um, now the thing with it was just a small dent. But the thing with a small dent in an Aston Martin is it'll probably cost you 5 grand to repair. A small dent in a Yaris might cost you 50 quid. So my PA exchanged the details, no problem, accidents happen, life is life. Um, so then I— well, my PA phones up my insurance company to claim on her insurance because it's 100% her fault. And in doing that, it puts up my insurance on my car, even though it's claiming from her insurance, and even though it's 100% uncontested her fault. Now, to me, that's outrageous. That's wrong. But there's a great lesson in there. But the lesson got worse because about a week later, I left the car. I thought, well, I'm gonna have to repair this myself. Could cost me up to 5 grand. What's the point in having insurance? Anyway, so a week later I stop at a junction and a guy goes straight into the back of me. Hallelujah! Twice in a week. Um, so we swapped details, uh, and I phone up the insurance company and same again, same again. 100% his fault, full admission. And yet it puts my insurance up, claiming on his insurance. But it gets even worse because then it puts my insurance up, the insurance of all my family members' cars, of all my business partners' cars, and our letting agent fleet policy of cars. About 15 cars, the policy went up because a lady in a Yaris reversed into me. That's outrageous. That's completely wrong. But the lesson is this: no one will insure you but yourself. Insurance companies are for maximum profit, maximizing shareholder value. It's not about what's right and wrong. It's not about what's fair and not fair. And I know there's going to be people going, oh, poor Rob Moore with his £300,000 Aston Martin DBS. But it's completely wrong that my family and my businesses would get wildly affected. So in the end, I have to pay for repair of my car myself, which means I pay for insurance and then I have to pay for repairs. That's a bit like paying for the NHS and then having to go private, or paying tax on what you earn and then tax on what you spend. There's all these double taxation and double spending events going on in the world, and it's not right, but it is what it is. And so the lesson is You have to insure yourself. No one cares about your money but you. And the best way I can protect from a lady driving into me is to have enough money to pay for it, to not even care, to not even worry about the insurance premium. As long as everyone's safe, all good. So let me ask you this. Are you self-insured? Are you self-protected? Do you have enough income from assets to pay for irregular shocks? Do you have enough liquid capital saved, you know, to pay for disasters, emergencies? You know, right now there's flooding everywhere, there's gales everywhere. You know, your basement could get flooded and all of a sudden you've got no money. Worse, you could have a healthcare. Dear friend of mine, his lovely wife got diagnosed with terminal cancer and he spent hundreds of thousands of pounds traveling around the world trying to make her better. So self-insurance and protecting yourself from your own wealth and from the challenges of the world, because no one cares about your money but you and the corporations that are there to, supposed to help you and protect you, like the banks and insurance companies. They're not there for that. They're there for their own profit. And that is a great business lesson. Thankfully, I learned this 18 years ago. I don't have a state pension. I have my own pension, which is 400 tenants in my hundreds of properties. And that is my long-term life pension. So I rely on me. I learn how to make, manage, and multiply money. I learn how to invest my own money. I don't use IFAs and external brokers and advisors who just want fees. And this, I believe, is a great lesson. And this is why we have the Moneymaker Summit. So the Moneymaker Summit is for you if you want to self-insure, self-protect, manage your own money really well, better than anyone else, because no one else cares about it but you. Invest in assets, build multiple streams of income, get your tax bill down and your income streams up, and for you to learn the best business models for 2025 for recurring income that can replace your earned and job income and could give you financial freedom. And if you like the sound of all of this, I'm celebrating the 7-year anniversary of my best-selling global book, Money, and I will stop that celebration and therefore these gifts by the end of the year, which is obviously coming any any day now. So if you'd like to get a subsidized sponsor ticket from me and my foundation, I'll pay for the multimillionaire and the billionaire speaker and speakers. I'll pay for the event, I'll pay for the venue, the location, everything. You just have to get there. So if you'd like to take me up on all of this and master your money, go to this link right now: robmoore.live/money. That is Rob Moore live forward slash money. Rob Moore, my name in full, no capitals, dots or dashes. robmoore.live forward slash money. Now, first 15 of you, I'm giving away 15, um, sponsored tickets by me on this video. So the first 15 of you get the ticket to the event completely for free. 3 days of money-making strategies and tactics to help you make, manage, and master money and build multiple streams of recurring income. You'll get to meet and network with many other like-minded entrepreneurial go-getters like yourself. Remember, your network is your net worth. But you'll also see on the page there's, for just a small amount of investment, like less than £100, there's upgraded tickets, which I think are actually better value even though I'm subsidising 15 of you. Because you can meet the multimillionaires for dinner, me and 5 others. Get champagne reception Q&A panel sessions with us. You get one bonus Money Mindset morning session with one millionaire on one day and one bonus Money Mindset millionaire session with another millionaire on another day. Um, so also the 15-hour How to Raise Money Masterclass. The reason I can give this to you is because it's online. Um, otherwise it'd be a £700 course. Um, but yeah, you can also get that if you just do a small upgrade on the page, robmoore.live/money. So go there right now, take advantage of this, because remember, no one cares about your money but you. And the banks and insurance companies have their own profit motive. They don't have your self-interest, your, um, service motive. And you know, the lesson in my insurance, which is people crashing into, into me and then it not only putting my premium up, putting my family's and my business partners and my, um, cars that I have in my businesses, all of them up. Those other 15 cars did nothing. Those other 15 people did nothing. And all their premiums are going up because one lady reversed into the back of my stationary parked Aston Martin. It's just, it's all the wrong way around. And here's the thing, I do rant about it. I do shout on social media what I think is wrong with the money system. However, you can't change it. Well, maybe you can if you campaign for decades. But in reality, all you can change is what you do. And that is self-insure, build up an emergency fund, make sure you've got enough recurring income to live well, make sure you've got enough capital base to cover all these shocks and expenses and everyone's after your money, and go along the journey of getting out of debt towards financial security, freedom, independence, and opulence. And at the Moneymaker Summit, I'm going to teach you how to get your tax bill down. There's a good long section on that. Going to teach you how to leverage AI, um, because obviously the staff costs and National Insurance has gone up a lot. Going to teach you how to automate your growth. Going to teach you the 8 stages of going from zero to millionaire. And I've got some special guests coming in who I believe are the best entrepreneurs in this country for building recurring income in 2025. It's all at robmoore.live/money. Let me know what you think about the insurance. Let me know what you think about all these policies going up when it's not even your fault. And you know how much you have to pay in excess? Just doesn't really seem very fair to me. Let me know what you think in the comments. And remember, if you don't risk anything, you risk everything.
