Tag: debt
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The 4% Rule: A Simple Guide to Building Wealth with a Mortgage
Building wealth is a process of weighing decisions in order maximize their impact on your long term net-worth. AJ breaks down why The Wealthy Idiots believe in the 4% rule when considering debt on your home and how it makes sense to use it to maximize your wealth!
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How to beat inflation, today!
If you’re sitting around reading news articles, you’re probably not feeling very good about the financial outlook of the country, your investments, or any other aspect of life related to money. Well, don’t fear, the Wealthy Idiots are here!
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Leverage may be the Biggest Wealth Building Secret! Dave Ramsey Will Hate This!
Leverage is an essential tool for building wealth. Sorry Dave Ramsey. AJ explains the What, Risks, How and Why’s of leverage.
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Everything you need to know about interest rates
Over the past few weeks, I’ve been looking over our content for obvious gaps. While doing this, I realized that we have missed some of the more elementary lessons in personal finance. Among them: interest rates.
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4 Ways Real Estate Build Wealth
Real Estate is one of the coolest investments. You buy an actual physical asset that would can touch and feel. There happens to be multiple ways in which real estate build you wealth. AJ covers the 4 wealth building benefits of real estate and the big tax benefit as well.
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House Hacking 101
Paying for housing is one of the most costly expenses we pay just to live. If you can make house hacking work, you need to do this now. AJ outlines how this will give you one of the biggest wealth building tools in the game.
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Wealthy Idiot reacts to Dave Ramseys strict ANTI-DEBT policy
Dave Ramsey and team are staunchly anti-debt in almost all circumstances. But they often mischaracterize leverage and oversimplify investment topics, especially in real-estate.