6 Ways Rich People Use Debt To Make Money

[@AwakenWealth999]

I always thought of debt as something negative, but seeing how the wealthy leverage it to grow and protect their wealth really shifted my perspective. Thank for sharing

[@earlybirdfinance6509]

The leverage effect can support you enormously to increase the net worth faster. But as with all borrowings, caution is of course required. Nice Video !👍

[@TheBetterMenProject]

100% agree 👆🏻

[@kabirsuda]

​@@TheBetterMenProject I didn't get that Collateral part at all. Could someone explain it to me?

[@wildepartment]

Wow!!! this amazing vid!! mind blowing! 🤯 thank you, i've learned a lot !.

[@dannysamuel4056]

Most people venture into crypto to be a millionaire, meanwhile, I just want to be debt free

[@maxiecharles2842]

That's very practical and smart goal, a wise man once said do everything you can to get outta debt, one of his tips to getting rich

[@henrynoble7011]

Just do the right thing, by trading with an expert, I trust me you will be a millionaire and debt free

[@andyobiorah4779]

Assets that can make you wealthy Gold Crypto Stock Real estate

[@thomasdooley3702]

@Anthony Ramos When you invest in crypto you are buying a day you don't need to work.

[@danielmedina4953]

@@andyobiorah4779 Crypto is the future, investing in it will be the wisest thing to do especially with the current rise....

[@rsmmartins]

Debt + Risk = things go wrong!

[@albertjohansen8986]

Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.

[@judyfuller8262]

I totally agree with you

[@ethankeller8678]

I have been trading offshore. I'm yet to make my first $5000, any recommendable expert to trade with?

[@jefftaylor6748]

Rather get an expert to trade with giving you the required mentorship for a successful profit outcome. piece of advice

[@blessingdanilo3829]

But I learnt the hard way, blowing over $3,000 account side trading with no mentor or expert

[@johnnywillis7871]

I am new to trading and my presumptions is that I will be needing an expert as you would lose all your capital and you drop off the market

[@epictcg4424]

Dang the real estate debt and the last 2 advice are the ones that seems to be the most reliable. Remember people, use debt and credit to buy asset. Not liability.

[@michaelpatras174]

One thing I learned from this video is that I will never live in California.

[@chrisbiggie3466]

I have been watching some videos and I was thinking about investing in bitcoin or forex , but still don't know where to start from, any recommendation?

[@TheFK8Life]

Consumption vs Controlling assets Comtrolling money making assets with debt creates cashflow - cashflow expands wealth creation Consuming on debt is a spiral that ends in killing all cashflow and going bankrupt unable to make interest payments let alone principle payments

[@investorpuff6330]

There are two paths people take when seeking to achieve financial freedom. The first path is the short-term investing path and the second is the long-term investing path. If you were to choose a path based on the timeline alone, the short-term investing path will be the obvious choice. But that will be an unwise decision to make. The wiser decision is to ask yourself if there are more important criteria to consider than timeline; and there are. For example, you need to ask yourself; why am I investing and what end goal am I trying to achieve? You also need to know which of these two investment paths will deliver your desired end results faster. And finally, you need to know the path that possesses the most guarantee of delivering your desired result. Answering these questions will give you a better perspective on which path to choose and follow.

[@maggiebee5958]

This is helpful,thanks

[@xyz987123abc]

Or you can set up your investment vehicle in such a way that you can generate offsets for the vast majority of the generated benefits. Rich people own nothing but control everything. A great multi year education is worth the 10 years learning. At what age do you think most rich boys, yes mainly males, start learning about money? I am told today bits begin on their 10th birthday. One concept a month by age 20 and they are light years ahead of most others. Also choose your teachers/ mentors very carefully. If you are the smartest guy in the room you are in the WRONG room.

[@thepursuerofdreams8575]

Omgggg I love you!!!! Thank you so much for this . Myyy this is life changing

[@coreyburns7744]

GREAT VIDEO!!!!

[@soapshouse9275]

TQ Sir GOD bless you and family

[@chrisbiggie3466]

I have been watching some videos and I was thinking about investing in bitcoin or forex , but still don't know where to start from, any recommendation?

[@rebeccamathews3540]

Same here ,It's strange how people talk about all the profits, they've been making through trading of bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path.

[@deborahharry8785]

Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.

[@mariatoby79]

That's true most people today have been having a lot of failures in forex and crypto sector because of poor orientation or bad experts

[@bentleybraxton8531]

You don't make money on forex or crypto by holding your coins rather you trade to make gains

[@harrymorgan9217]

I believe your view

[@MultiDynamic]

Learning to convert liability to assets is the ladder step to be rich ..

[@site_is_down]

This is the often disregarded thing by the people, they just treat liabilities as liabilities or a burden to pay off. I hope people can all turn their liabilities to assets.

[@willlifter-motivationchann6061]

That tax avoidance advice and real estate and banking combinations are great!

[@theburmeseinvestor8272]

Using good debt is great to get tremendous amount of money,but the most important fact to consider is ''time'' and ''certainty''.

[@DavidRamirez-fi2ev]

ive learned more on here than in school about taxes. that should tell us something..

[@TheBetterMenProject]

There is so much to learn out here! Schools are definitely less efficient at teaching this stuff

[@brianbordenkircher52]

Great video!

[@Brokeloco]

I like how they make this shit sound so easy but when you go to the fucking bank you can’t get nothing

[@antoniocovaciu195]

You need a business, if you want to get a loan easy go to a credit union

[@modernadulting6857]

The principal method of using debt to invest positively is the use of leverage to exponentially multiply your returns. What is leverage exactly? Leverage is using borrowed money to increase your return on investment. Leverage can allow you to achieve returns that you thought were impossible but at a greater risk of losing your capital.

[@site_is_down]

Using this technique or strategy can be a dangerous thing to some, as not all people can successfully hurdle their way out of leverage. It's either you lose big time or win a lifetime with leverage.

[@amzelite]

Ok. Buy, borrow die scheme. I understand I borrow agains my property (remortgage?). But in normal circumstances bank will ask me to start paying that back after 1 month. So do I start paying with the money I just borrowed?

[@TheBetterMenProject]

There is a major difference between refinancing one’s home and an investment portfolio. If the real estate properties you are borrowing against produce positive cashflow that can be used to repay the loan amount.

[@TrainerAndrew]

AMC 💎🦍

[@alexandergurin5231]

Could you please cover the book think and become rich ? Thank you

[@TheBetterMenProject]

I made a summary for this book a little while back. Here it is! kzbin.info/www/bejne/m5_dpZiNq5iWnrs

[@gurukid08]

This is a good video but I am so lost right now. 😅😅😅 I'm definitely not rich so some of the numbers I'm seeing is not something I just have laying around. So I feel like none of these would work for me. I'm still trying to learn all of this stuff. I'm just trying to make more money, you know?🤷🏾‍♂️ That's why I subscribe to this channel. Hoping I can learn a thing or two about making money.

[@CritterCamSoCal]

Well done. Did the one with my car borrowed at 1% interest invested in the market ca Ching $$

[@TheBetterMenProject]

That’s great interest arbitrage! Great play Phil.

[@kabirsuda]

​ @The Better Men Project Hey, I didn't get that Collateral part at all. Could someone explain it to me?

[@yathishmoolya]

I have a question.. How do u pay off the debt which u borrowed from bank using your real estate property as the collateral?

[@john12341407]

Rent a couple of rooms

[@banbana8314]

Awesome video 😍What program do You use to create this video?☺️

[@Financial-Education101]

When we talk about the rich, we usually think about people who have enough money to live comfortably without any worry. What if someone tells you that some of them use debt to make even more money? Debt is a form of borrowing and it’s designed for making money. Yes! You read that correctly! Debt can be used as an investment. The wealthy use debt such as mortgage loans, car loans, credit card and personal loans to invest their excess money that they don’t need right now. When you borrow something from a bank, and you repay the loan with interest in time, then you earn money on it.

[@augustusg857]

Business debt in this context is known as accounts payable in accounting.

[@stevenw373]

You never mention margin interest that you have to pay for borrowed money when ur trading on margin. And you don’t talk about interest you have to pay on borrowed money during the step up basis if you are funding old age with borrowed money. If you’re borrowing $100k against your property for 20 years at 4% then you’ll owe $80k in interest payments alone. This is flawed information you’ve provided so you can sound smart. You would have been better off paying the 30% tax. Obviously you don’t have first hand experience with what you are taking about

[@john12341407]

Not really, It could be slightly different, the 30M real estate could be rented in some form, to generate for the life style, and the stepup process, helped the inherited children to sell without tax , But I will research and understand this, never thought of death 😂

[@john12341407]

Moreover higher the collateral, smaller the interest rate

[@meldiamond9767]

What about inheritance tax how do the wealthy get round that?

[@Kingzman_808]

I get it now

[@TheBetterMenProject]

Awesome

[@billballeza377]

Tom doesn’t lose money in bad years unless he realizes that loss by selling his stock. Tell the whole story.

[@mrdeetheproducer8723]

Wish I new this before 😔😔

[@jamesonmi]

casted

[@EngineerDJ_Julius]

oh yeah

[@klaudiamuench600]

The best decision I ever made in my life was investing in financial market. Trust me guys, it pays alot. And I have come to realize that investing in Digital Assets is more profitable than holding it and waiting for it to skyrocket.

[@financialnutrition]

Investing is key! Check out Financial Nutrition for more finance content!

[@jpjp9111]

Investing in the stock market portfolio is pure gambling. It's very easy to lose everything.

[@stephanieamanda1296]

Every family has one person who turn things around, you can be that person. Invest now on real estate and watch how you become a millionaire in 3-4years, I’m a realtor I can help you .

[@americanpatriot6322]

This video gets a D+ .....not the best advice ever😅😅😅😅😅

[@Index-o1234]

🙄🎶

[@tonynunez6539]

Real estate is a great way to become homeless.

[@TheBetterMenProject]

😂

[@-xl7ep1se3i]

Hดิฉันไม่เคยลืมแบงก์หรือบริษัทสินชื่อนะคะเพาะมีแต่ติดค่ารถมอเตอไซและค่าแอร์และติดบริษัททองทั้งหมดแค่นิตหน่อยเองนะคะอย่าไปเชื่อใครบอกนะคะเพาะหนูไม่ชอบเป็นหนี้ใครอยู่แล้วแล้วมีอีกเรื่องนะคะที่จะบอกแบงก์กสิกรไทยดิฉันไม่เคยเป็นหนี้แบงก์นะคะแต่แบงก์กสิกรไทยลงมาในโปรแกรมใด้อย่างไรว่าดิฉันเป็นหนี้แบงก์สินเชื่อเงินด่วนพูดมาใด้อย่างไรดิฉันเกิดมาไม่เคยเป็นหนี้แบงก์นะคะมีแต่ค่าบ้านที่วังน้อยแต่ก็ไม่เคยจากเลยตั้งแต่ให้เงินงวดแรกเท่านั้นขอร้องนะคะผู้จัดการแบงก์กสิกรไทยอย่าพูดมั่วมั่วนะคะดิฉันเสียหายนะคะฟีด