7 Ways Rich People Make Money With Debt

We'll talk about 7 Ways Wealthy People Use Debt Today. How debt can aid in long-term wealth accumulation. Contrary to popular belief, if you take on debt wisely and with a specific goal in mind, you can increase your wealth.

We'll examine seven tactics in this video that could make it easier for you to use debt wisely and create lasting wealth.

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[muhsingunduz]

Amazing content, really made it easy to understand.

[amansprint]

I love the concept and the idea behind this video. followed there. I have to mention this too. In life, the main objective is to be healthy, to have good technology, to eat well, and to be FINANCIALLY STABLE, in other words, to have money, once you have all this, life will be easy.

[gachaseruveni]

This is an amazing and very helpful video and I have shared it with all of my friends

[selamisahin]

Thank you so much for sharing such good content for free. Your videos really helped me a lot.

[erenkurt]

Never go without a hull in life, you have to hold yourself tight, people who give up in life are people who lose in life, my first experience happens to be a failure but I never gave up cause I knew it was going to work out for me trying continuously, fortunately, I'm smiling today by getting involved in investment.

[govardhan]

You need to have a WONDERFUL MIND to decipher the behavior of the stock market

[AnithaNarayanamurthy]

You’re such a light! Thank you for brightening my views when all I could see was darkness, you’re such a special person and I’m so incredibly lucky to call you my friend, thanks so much EXTREMETOPPERS

[egedemirel]

I pray everyone seeing this becomes a great person in the future, but do not forget we all need to make moves today and invest in something no matter how small

[barsgungor]

Thank you for being there 👆when I wanted you I was lost in this new world that I was hassled to start with ....you not only guided me along the way but you also showed me the proper way...

[tevinataco]

Successful people don't become that way overnight. What most people see at a glance is wealth, a great career, and purpose is the result of hard work and hustles over time. pray that anyone who reads this will be successful in life.

[spongebob]

The rental returns in the USA are more than 5% p.a ( higher than the interest for a home loan) so this method is beneficial. However in India, the interest rate for a home loan is around 8% and the rental return is only 2.5% p.a. Hence this method will not work

[beratcebba]

A long-term investment like Real Estate requires at least 5 years to hold on, it won't make a profit during this period especially dealing with mortgages the interest count

[cosmo]

The wisest thing that should be on every wise individual list is to invest in different streams of income that don’t depend on the government to bring money especially now that the pandemic is hitting the economy pretty hard

[enemy]

The problem with debt is 95% of people don't know how to use it or fail miserably at leveraging debt. This is why Dave Ramsey is 100% correct. Eliminate debt... Stay out of debt...

[nessie]

The wisest thing that should be on everyone's mind currently should be to invest in different sources of income that depends on the govt, especially with this current economic crisis around the world

[oguzhancelik]

Student Debts are not that bad because the education you got does not depreciate but other debts are bad because of depreciation.

[metehanbozkurt]

I still don't want to owe anybody anything!!

[nlt]

Great video! One quick question tho. How exactly can you avoid paying taxes (in the real estate example) since you already paid your bank those 400k from the mortgage? I thought you don’t have that mortgage anymore 🤷‍♂️

[chekubeentertainment]

It is something unclear to me. How do you use debt to not pay taxes? I am no understanding the concept that people with dept pay lower taxes. Could someone explain?

[kamtaaa]

In western countries, you can get loans at as low as 1% P. A in India its an average of 12% it's crazy