How Rich People Use Debt to Get Richer (Good Debt vs Bad Debt)
Автор: Finance Explained
Загружено: 2026-01-16
Просмотров: 0
Did you know that rich people use debt to build wealth instead of avoiding it?
In this video, we explain:
• What debt really is
• The difference between good debt and bad debt
• Why wealthy people borrow money instead of using cash
• How debt can legally reduce taxes
• Real strategies like real estate, investing, and Buy–Borrow–Die
• Real-life examples including Elon Musk
You’ll learn how the wealthy use borrowed money to buy assets, generate income, and grow their net worth — while understanding the risks involved.
⚠️ This video is for educational purposes only. Debt can be powerful, but it can also be dangerous if used incorrectly.
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