What is debt and how to USE it to build wealth? (Part 1)

How is my Financial Health, Doc?
19/02/2023 53 min Episodio 117
What is debt and how to USE it to build wealth? (Part 1)

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Episode Synopsis

We are brought up to hate debt and to pay-off every single dollar as fast as we can so we do not have debt. That is the common teaching. But using debt is different from having debt. We are not familiar nor comfortable with this concept. It does take a different mindset to absorb this. In this episode, we start with defining debt and OPM (Other People's Money). Then, we discuss how to leverage OPM. Enjoy the learning carefully!
 
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