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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.
Ken has a real estate strategies podcast! Follow your favorite platform each week.
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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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#kenmcelroy #realestate #realestateinvesting #debt #financialfreedom #leveragingdebt #otherpeoplesmoney #OPM #gooddebt #baddebt #wealthbuilding #realestateinvesting #businessloans #bonusdepreciation #aircraftpurchase #taxstrategy #investmentstrategy #financialeducation #bankingsystem #richvspoormindset #financialliteracy #entrepreneurship #moneymanagement #debtstrategy #financialgrowth #assetacquisition #taxbenefits #leveragingassets
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Interest rates have become a hot topic over the past six months. Back in 2020 and 2021, homeowners were bragging to their friends about their rock-bottom mortgage rates and how they secured financing at three percent or less! But times have changed, and seven percent interest rates are becoming the norm. Now, nobody is bragging—in fact, many investors are too scared to buy, thinking that today’s interest rates are far too high to buy homes with. If you’re following this thought process, you could be making a BIG mistake.
Welcome back with another Seeing Greene episode, where our “high rates, who cares?” host, David Greene, answers questions directly from investors just like you. In today’s show, David coaches a young investor on building his side business, why quitting your job could be a mistake, and how to learn from past deals to build wealth far faster. Then, David pivots into answering questions from investors on how to get over your fear of taking on good debt, how much to have in safety reserves for your property, and why being scared of high interest rates could hurt you in the long run.
Want to ask David a question? If so, submit your question here (https://www.biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none) so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!
00:00 Intro
02:07 Quick Tip
02:54 Coaching Call: Financing Deals Without a W2
13:50 Coaching Call: Hard Investing Lessons
20:15 Questions from the Comment Section
25:27 Scared to Take on Debt?
32:26 How Much Cash to Keep On Hand?
36:18 Scared of High Interest Rates?
41:19 Get in The Money Mindset
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The Fed’s Plan for Future Interest Rates:
https://www.biggerpockets.com/blog/on-the-market-4?utm_source=youtube&utm_medium=description&utm_campaign=none
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Debt Is Good When It Comes to Real Estate:
https://www.biggerpockets.com/blog/good-debt-real-estate?utm_source=youtube&utm_medium=description&utm_campaign=none
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Episode 684
Show notes at: https://www.biggerpockets.com/blog/real-estate-685?utm_source=youtube&utm_medium=description&utm_campaign=none
#biggerpockets #realestatepodcast #biggerpockets684
WTDWYTKAM , What they don’t want you to know about Money. Tips and insights on wealth creation. Have you ever thought of debt counselling or debt review? You MUST watch this video .
How to Get What you Want in Divorce Mediation | Ask a Divorce Mediator // When couples decide to proceed with separation or divorce, they often feel unprepared and alone. In therapy, Parallel Wellness works with couples contemplating “Is my marriage over?”, “Should I get divorced?” and “Can i save my marriage?” In this video, we interview Paul Sweatman of Dignified Divorce Vancouver, a divorce mediator to gain insight into the mediation process, how to avoid mediation conflict, and his advice on divorce and separation. Before divorce, couples may seek couples counselling or even attend counselling for divorce and separation throughout their medication experience.
In this video, Paul covers his top divorce advice, divorce mediation tips and divorce tips for couples getting divorced, how to amicably divorce with kids, managing spousal and child support agreements, and his divorce legal advice. He also shares about supporting clients when they choose to stop divorce.
Paul Sweatman – Dignified Divorce Vancouver
www.dignifieddivorcevancouver.com
BLOG POST: Marriage as a Flight: https://www.parallelwellness.ca/marriage-divorce-mediator/
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Stay Connected as a Couple | Gottman Seven Principles: https://youtu.be/fzEG8dUbUlg
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Coping with Social Distancing During COVID-19: https://youtu.be/yQK-yfPQ5Ko
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The advice and opinions expressed in this video are not a substitute for therapy or medical treatment. The information contained in this video is intended to provide general information on matters of interest for the personal use of the viewer. While every effort has been made to ensure the information shared in this video has been obtained from reliable sources, we do not hold responsibility for any errors or omissions, or for the results obtained from the use of this information.
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We encourage seeking professional help if you would like support for specific concerns. If you or someone you know is in crisis and needs emergency support, please contact the local crisis centre in your area. For Canadian and BC residents, please refer to the following for crisis support:
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Do You Want To Know The Secrets? The Banks Won’t Tell You About Debt Consolidation Loans? Are Debt Consolidation Loans A Good Idea? Find Out That And More In This Video.
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Debt Consolidation Loans? | What Banks Don’t Want You To Know That Can Save You $1,000’s??
Are debt consolidation loans a good idea? I mean you have debt, who doesn’t, right? And you just want to be free from the financial slavery. You want to pay off the debt. But before you sign on the dotted line, there are somethings you need to know that can save you $1000’s. It is always good to have a debt consolidation plan. When it comes to the banks, it can be you against them. But not after this video. With this debt consolidation advice, you will be armed with the knowledge and the power to control your own destiny and make them write you a check for it. Are you interested yet? Then watch the video and thank me later. ???????
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#debtconsolidationloans #aredebtconsolidationloansagoodidea #debtconsolidationadvice
If you’re under debt review and not happy with your debt counselor, you can transfer to another one. Courtesy #DStv403
Paying off debt? In this video I give you ten common mistakes people make while paying off debt. Don’t fret if you’ve made them. We’ve all made some money mistakes. So long as you don’t repeat them, they’re considered “learning experiences”. Which mistakes have you made?
#DebtFreeDana #FrugalLiving
How We Stopped Living Paycheck to Paycheck https://youtu.be/HFofLtL_Dqo
Pregnant? We cloth diapered 3 of our 4 kids, and estimate we saved THOUSANDS of dollars. In fact I started my YouTube channel as “MsDiaperD”, sharing over 80 cloth diaper video tutorials. https://www.youtube.com/playlist?list=PLCcb1sUywdhMDvUOUnp3osrFOZNXGpped
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Hey there! I’m Dana. I’m a wife and Mother to 4 kids, including twin boys and two girls. I work full time outside the home in finance as a Corporate Accountant, but enjoy sharing my personal and parenting journey online. We live in the Philadelphia area.
Follow Me on Instagram @DebtFreeDana
*Please be advised that some of the links above are affiliate links and I do receive a very small commission if you make a purchase using those links. I appreciate your support if you do, and if you don’t – no worries. We’re still buds. HUGS!
“Marty Gots a Plan”
Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0
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$1 trillion is 1 with 12 zeros, not 9. We were attempting to make a joke that didn’t get edited properly! Oops lol.
Credit cards and financing is more accessible now than ever before with credit cards. However, debt is very expensive if you don’t use it wisely. Here’s what banks don’t want you to know.
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What Banks Don’t Want You To Know About Debt
0:17 – How to get all the nice things you want without paying for it today
0:35 – Financial problems and money issues are real and very serious
1:37 – Banks make money by lending
1:59 – Americans have more debt than ever
3:26 – How to get paid with credit cards
4:58 – The credit score system is one big game
6:08 – How to invest your money when you have credit card debt and get the best return
What Is The Minority Mindset?
The Minority Mindset has nothing to do with the way you look or what kind of family you’re from. It’s a mindset.
Give the majority $200 and they will come back with a pair of shoes. Give the minority $200 they will come back with $2,000.
Think from the mindset of a consumer and be the provider, that’s the Minority Mindset. Don’t be the majority. #MIH #ThinkMinority #FinancialLiteracy
Twitter/Snapchat @M2JaspreetSingh
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http://www.TheMinorityMindset.com
This Video: https://youtu.be/zyrpJA4gPlE
Channel: https://www.youtube.com/MinorityMindset
Based in Detroit. #Punjab
Jaspreet Singh
Are you getting deeper and deeper into debt while they make bigger and bigger profits? Not after you read…Debt Cure$ They Dont Want You To Know About!In this new book, Kevin Trudeau blows the lid off the banking and credit card industries, exposing the greatest rip off of our citizens in this nations history. The credit card industry is one of the most profitable industries in this country, but they dont want you to know it. You can fight back! You can apply Kevins solutions to your debt problems, and keep more money in your pocket today. You can learn how to use credit to build wealth! Read Debt Cure$ and cure your debt forever. You will learn: * How the credit lending business is rigged against you! * How the financial industry wants to keep you in debt! * How the banks and credit card companies are making obscene profits off of you and how you can change that! * How to reduce or possible totally eliminate your debt! * How you could cut your payments in half! * How to correct your credit with two magic words! * How to improve your credit virtually overnight! * How to get free money that you never have to pay back! * Find out why the financial industry wants to keep you in debt. * Turn bad debt into good credit. * Create wealth through financial health.