Building Your Wealth and Assets By Taking on Debt
Nov 24, 2022•16 min•Ep. 27
Episode description
Tom shares how to look at good vs bad debt and how it can be used wisely to grow our wealth. Banks and other financial institutions do this, so why can't we? Many investors use their assets for collateral to borrow again. Get your dollars to do more than one job to help you towards ultimate freedom and control. Listen in to hear a different perspective on how borrowing money can accelerate your wealth rather than hinder it.
Highlights
- How debt can impact your life negatively. - 2:23
- The two ways how you can take on debt. - 3:30
- What good debt is? - 5:47
- How you can access credit upon building your assets. - 6:47
- Using debt to invest. - 9:03
- The benefits of using other people's money to leverage and invest. - 13:33 Episode Resources
- Connect with Tom Suvansri
- https://perennialpride.com/
- https://www.facebook.com/perennialpride/
- https://twitter.com/perennialpride
- https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
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