Summary notes:
While it's often preached to the masses to hate debt, wealthy people use debt all the time. The difference lies in who is the slave and who is the master. When experts are giving advice to the masses, they are speaking from the standpoint that the masses are not disciplined and are slaves to debt, looking at the averages.
Debt is a tool that can be used for wealth building, and it is neutral, not inherently good or bad. However, it is important to understand the system and how to underwrite risk effectively to ensure that debt is used beneficially. It is also important to not make assumptions and judgments about debt and the system, as there are people who may get taken advantage of by the system due to ignorance.
Timestamps
0:01:17 Exploring the Use of Debt by the Wealthy
0:03:46 Exploring the Benefits of Leveraging Debt as a Tool for Wealth Building
0:11:43 Exploring the Complexities of Banking and Wealth Building
Powered by Stone Hill Wealth Management
https://stonehillwealthmanagement.com/
Protecting Your Business from Cyberattacks: Impact on Value and Reputation
Bitcoin’s Unique Properties Make it a Strong Store of Value
Building Wealth Without Sacrifice: Changing Your Mindset and Priorities
2024 Budget Considerations for Business Owners
Financial Planning 101: Rewiring Attitudes for Wealth Building Success
401k and Cash Balance Plans
Reshaping Thoughts on Money: Overcoming Limiting Beliefs to Build Wealth
Tax Loss Harvesting
Mind Over Money: Money Is NOT the Root of All Evil
4th Quarter Tax Planning
Mind Over Money, There Is No Reward Without Risk
DFW Real Estate Market: Strategies for Success in a Changing Landscape
Ways to Fund Business Growth
Mind over Money: Flood your Mind with Thoughts of Abundance
Managing Business Cash-Flow with Alison Reiff-Martin CPA
Mind Over Money: Willpower is overrated
Ideas for catching up on building retirement savings
The Benefits of Having Key Performance Indicators in Business
Navigating Financial Pressure with Ease
The Importance of Focus in Business
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast