The Dangers of Credit! | Jaspreet Singh

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I love how he talks. The way he pronounces "50" and words with a "t" or "th". It's so clean

CreativeCreaturefx
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The illusion of the rich is that many are damn poor.

supercoppy
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He articulated so many points so well.. I must watch the full interview.
Blessings from Florida 🙏🌍🕊🕊

ancientwisdom
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Interest only makes the rich richer and the poor poorer.

Sakura
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Don't abuse your credit for luxuries. It can be used to start businesses and buy things that earn more income than the expense of carrying the debt.

FletcherHillier
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Exactly!! Thank you both for this very educational video clip!❤

janer
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Borrower is slave to the lender
STAY DEBT FREE
Debt = risk.

keithredsox
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Cancel your credit cards people. it's a big trap. You keep paying and paying and the bad thing is also that you keep buying

realreal-cfii
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You do have to have credit, but you also have to manage it well.

With credit, you will always owe something so keep it to the minimum to avoid - as very well described here - using next year's salary to pay this year's debt.

rodericwalter
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Thank you Mr Singh and thank you Lewis! I so much enjoy this kind man's advice!

ChristineCobb-zrjg
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Thank you very much, Lewis Howes and Jaspreet Singh, for this great teaching!!🧠📚💎

dignoraguzman
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Credit is a potent tool if used wisely.

tenebrousjones
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People debt in and of itself is not bad, do not let them fool you. The issue is when you assume debt for depreciating assets. Do not aquire debt for clothes and trips. However, you should know that the rich acquire debt to procure appreciating assets. The bonus is that you pay little to no tax.

criticalthinking
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Its all social media and the whole instant gratification, no one wants to wait/work for anything

vivann
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when you don’t study finance it shows.

colebaumann
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this lesson I have it more than 20 years ago. the Mastercard received an extra matched considering use. all of us need to joy today and ay later🎉

renatejacobsohn
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Personal or business debt has made many people stay broke, but if you know how to use it, it’s incredible, blessed to be in the USA

Reynold_Chea
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This is great, thank you so much you mixing spiritual things love abundance, manifestation with being smart financially you really helping everybody getting out of the matrix

petraalt
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Who is this guy? Such a wonderful insight in debt

HDDRTY
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Ouch! That was painful to hear, but SOOOO important 🤯

Pugloverlife