Using debt to build wealth involves leveraging-borrowing money to invest in income-generating or appreciating assets like real estate or businesses. For instance, taking out a mortgage to buy a rental property allows you to earn rental income, which often exceeds the mortgage payment, while the property appreciates over time. Similarly, business loans can fund expansions that lead to greater profits. The key is ensuring the returns from these investments are higher than the cost of the debt, tra
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Using debt to build wealth involves leveraging-borrowing money to invest in income-generating or appreciating assets like real estate or businesses. For instance, taking out a
Money Builder Hub. Money Builder Hub · Original audio. Using debt to build wealth involves leveraging-borrowing money to invest in income-generating or appreciating assets like real estate or businesses. For instance, taking out a mortgage to buy a rental property allows you to earn rental income, which often exceeds the mortgage payment ...
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The power of becoming your own bank!!! Instead of borrowing money from the bank you can borrow money from yourself and pay yourslef back! Commnet “wealth” for a free consultation!! #wealthbuilding #becomeyourownbank #bank #banking #money #finance #financialfreedom #FinancialPlanning #Insurance #IUL #insurancebroker #insuranceagent #taxfree #entrepreneur #business #businessowner | Generational Wealth With Queen M
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The power of becoming your own bank!!! Instead of borrowing money from the bank you can borrow money from yourself and pay yourslef back! Commnet “wealth” for a free consultation!! #wealthbuilding #becomeyourownbank #bank #banking #money #finance #financialfreedom #FinancialPlanning #Insurance #IUL #insurancebroker #insuranceagent #taxfree #entrepreneur #business #businessowner | Generational Wealth With Queen M
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