How Rich People Use Debt to Build Wealth | 1243
We all know that debt is bad and risky. Is it? Of course not! But the people using it can be. If you get this wrong you\u2019ll struggle to get wealthy while you\u2019re still young enough to enjoy it. But when you get it right you can compound assets, and that traditional 40-year plan your parents, and grandparents, followed can be collapsed into 4 or 5 years. No foolin\u2019! When you leverage debt, you get to take a small portion of your own resources to acquire a large portion of someone else\u2019s. Listen to this episode, and you\u2019ll be the smartest person at the table the next time the subject comes up.\n\nAre you ready?\n\nLet\u2019s go!\nLearn more about your ad choices. Visit megaphone.fm/adchoices