How The Rich Use Debt To Get Richer (And You Can Too!)
Most people think rich people don’t have debt.
But that’s not true — they just use it differently.
In this episode of the Property Academy podcast, we break down how wealthy Kiwis use debt to build more wealth, while most people use it to fall behind.
You’ll learn:
● The difference between good debt vs bad debt
● How to use leverage to buy assets that go up in value
● The two biggest risks of using debt — and how to protect yourself
Whether you grew up thinking “all debt is bad” or you’re ready to start using money smarter — this episode will change how you think about borrowing forever.
The information and opinions on this channel are for your general information. It’s not financial advice. So the hosts aren’t telling you what to do with your own money.
We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong.
Make sure you do your own research or talk to a financial adviser before making any financial decisions. See our Disclosure information here.
Related videos in this series
How to 5x your returns in property investing⎥Ep. 2020
How to 5x your returns in property investing⎥Ep. 2020Am I middle class?⎥Ep. 2013
Am I middle class?⎥Ep. 2013