this is a financial cheat code that the wealthy are not sharing with you and if you want to become rich you have to re-watch this video let's say you take out a loan which you don't have to pay any taxes on it the rich would use this debt to go and buy assets that appreciate your value they then use appreciated assets value as it grows to borrow even more money from the asset which is also tax-free and have the assets cash flow okay to the impassive income subscribe for more financial breakdowns.
It is an abomination. The Department of Education is a profit-making entity. Student loan debt now exceeds credit card debt. More than a third of college loans are delinquent. Forget about delinquencies. Let’s talk about default rates. The federal government is now hiring private creditors to harass students to pay back their federally subsidized loans. It’s a complete nightmare.” If you’re in your twenties or thirties, then you or someone you know is probably struggling with debt.
To top it off, the government owes about seventeen trillion dollars. Fifty thousand dollars for every man, woman, and child. That’s irresponsible! And you’re going to have to pay taxes to pay off that debt, too. It’s no wonder you’re being referred to as Generation Debt. The question is, is there anything you can do about it? Is there a way to dig out of this hole? I’m Art Carden. I’m an economics professor at Samford University’s Brock School of Business. In this Learn Liberty Academy program on personal finance, designed just for you, we’ll learn how to obliterate debt, accumulate wealth, and retire rich. I’m sure you’re wondering, ‘Hey, what’s the catch? Do I need to send this guy three easy payments of nineteen dollars and ninety-five cents?’ No.
This is a program that’s going to cost you zero dollars. And I hope that you’ll join me, and a group of other experts and guests, as we discuss how to build your financial future. Seriously, you need to sign up for this right now, because this program is going to be awesome. .
As found on YoutubeRead More