Tag: leverage
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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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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.
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The investors mindset; what does this Wealthy Idiot think about?
Watercooler or coffee pot talk is always rampant at every workplace. You’ll hear various soundbites about literally everything, from who the greatest quarterback of all time is (Tom Brady), to who the best actor is (Denzel Washington). No matter what the topic, everyone will have a different opinion and that’s both good and bad. The good part – you’ll be introduced to tons of different ideas. The bad part – you’ll probably get some TERRIBLE financial advice that is very jaded because no one will share their ACTUAL situation, but rather a hypothetical that is ripe for failure. Heck, someone might even refer you to their “money guy/gal”. Below, I’ll discuss some Wealthy Idiot ideas you can bring to that watercooler/coffee pot to impress your co-workers!
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Pay Off Debt FAST | The 4 Types of Debt
You have to find the fastest way to pay off debt and stay out of debt!!! AJ covers the 4 types of debt we get ourselves into that can ruin our wealth building journey. The last one may not be all bad.