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Ken McElroy and Robert Kiyosaki discuss the misconceptions about debt and how it can be a powerful tool for building wealth. Learn the secrets of using other people’s money to buy assets, reduce tax liabilities, and achieve financial freedom.

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ABOUT KEN:
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: “ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years.” Ken is a Rich Dad Advisor.

Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.

Ken’s company: https://mccompanies.com/

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DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind.

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About 35,000 borrowers will have their student loans forgiven, totaling another $1.2 billion in relief, the Biden administration announced Thursday, the latest round of student loan forgiveness under a program supporting public servants, which was recently updated to eliminate delays.

READ MORE: https://www.forbes.com/sites/tylerroush/2024/07/18/biden-cancels-12-billion-in-student-loan-debt-heres-who-will-benefit/

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Putin cancels Africa’s debts worth over US$20 billion. Russia has become a key ally to many African countries, and Putin has made significant strides in strengthening the relationship between the two regions. At the “Russia-Africa in a multipolar world” conference, Putin reiterated Russia’s commitment to prioritizing cooperation with African nations. The cancellation of African debts is just one example of the bold steps Russia has taken to build a more productive and mutually beneficial relationship with the continent over the years.
Putin has cancelled more than $20 billion in debt owed by African countries. This debt had been accumulated during the Soviet era. In the past, Russia had attempted to collect these debts, which were mainly a result of Moscow’s previous alliances with African countries that supported its communist ideology. During this time, Russia provided military equipment and technical assistance to countries such as Angola, Algeria, the Democratic Republic of Congo (DRC), Ethiopia, Namibia, Mozambique, Morocco, and South Africa, among others. As a result, many African nations found themselves heavily indebted to Russia, with official documents estimating the total amount at $20 billion.

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Rep. Carlos Gimenez, R-Fla., responds to reports that President Biden will forgive $300 billion of student debt. #FoxNews

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Recent debt mediation expos organized by the government have helped reduce people’s debts by 1.5 billion baht. The main types of loans people had problems repaying were identified as credit card, auto and student loans.

Sid Lowe, Craig Burley and Kasey Keller join Kay Murray on ESPN FC to delve into Barcelona’s win vs. Real Sociedad and the latest on the club’s mounting debt, which now totals $1.6 billion, according to club president Joan Laporta.

0:00 A good start to life after Lionel Messi for Barca.
2:36 Gerard Pique takes a pay cut.
5:23 The poor management of Barcelona’s finances.
6:36 Why did Barcelona go out and sign big-money players when they have no money?

#ESPNFC #LaLiga #Barcelona

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