In this episode of the Mo Money podcast, we talk about why you need debt if you want to get rich. Maybe a little bit click-baity, I suppose, but the power of leverage is real, but it also is scary. So we unpack why it's important, how to use it the smart way, and how to manage risk if you borrow, as well as some of the tax hacks that you can get around borrowing to invest. This episode is perfect for anyone that wants to get to where they're going as quickly as possible, but in a considered way where they're not facing excessive risk.
Want to make smarter money moves and get ahead faster?
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Note: The advice shared on this podcast is general in nature and does not consider your individual circumstances. The podcast exists purely for educational purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, and TMD and obtain appropriate financial advice tailored towards your needs. Ben Nash and Pivot Wealth are authorised representatives of Fish Tacos Pty Ltd, ABN 14 649 248 082, AFSL 533055
#297 Replace Your Salary by Investing - Saving
#296 Money news: RBA rate rise & share market rally
#295 Replace Your Salary by Investing - How to build better money habits
#294 Investment and property market update - January 2023
#293 Welcome to the Mo Money Podcast
#292 Get Money Smart in 2023
#291 Money News in human words; Home upgrading, how wealthy are you, & stamp duty vs land tax
#290 Master your money mindset in 2023
#289 Money News in human words; Dream home planning, worst ETFs, share rally & FHB hacks
#288 Buy your first home in 2023 [Live event recording]
#287 Money news in human words; Refusing promotion, record property decline & investors bail
#286 How to plan smarter in 2023 [Live event recording]
#285 Money news in human words; RBA rate cut, GFC declines forecast, & holiday home tactics
#284 Get smarter with tax in 2023 [Live event recording]
#283 Client stories; joint property, saving struggles, & wrong properties
#282 Invest smarter in 2023 [Live event recording]
#281 Client stories; property stretch, guilty spending, & life in the way
#280 Money Mistakes to Avoid in 2023 [Live event recording]
#279 Money news in human words; Losing super funds, property clearances smashed, & Musk toppled
#278 How to buy property like a pro [Live event recording]
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