5 Ways Rich People Make Money With Debt

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20 Comments

  1. Keeping this to myself isn't a good idea, I decided to tell everyone so you guys can all benefit from this. people keep talking about  Stacy Griffin but I never knew how her software works until she show me, I will forever be grateful for her strategies of making big profits in income for me

  2. I use debt (aka money – currency – its nothing else – it's the paper symbolising debt) and exchange it for assets. I only retain 10% in cash and have 90% of my net worth in assets. Makes sense? Everyone in the world doing miserable job and running rat race must do the same.

  3. These comments! Holy bum-dumplings! How does this even happen? How is Youtube not dealing with this ferret dung??
    Flag them y'all!

  4. I will forever be indebted to you, You've changed my whole life and i continue to preach about your name for the whole world to hear you've saved me from a huge financial debt with just little investment,Thanks so much kathy anderson

  5. The refinancing illustration on the $500K home is off..

    1. You dont “make” $110K until u can S E L L for at $700K.

    2. U just obtain equity because you’ve appreciated greatly verses how much u have actually in debt or left to pay on the mortgage.

    3. I’m not sure why it shows $110K going into your pocket if your left with a home to rent out??!! That means u don’t have $110k in ur pocket because u didn’t exchange cash or a check for the sale of the home !

  6. If you’re reading this, know that you are worthy of anything you desire. But you might have to let go of the past and release the huge accumulation of fear based beliefs and emotions you have picked up since childhood. Success isnt created by accident but by design. You have a creative mind and unlimited potential. Never forget it. Stay strong and be blessed.

  7. Awesome! love your perspective.
    I currently make 106k/yr. No home or iπvestment and the job is in NY as I work from home. I need to do something quick or else I’m going to be paying thousands to the IRS come tax season. What can I do?

  8. Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..

  9. uhhh you also went from 400K in debt to 700K in debt and with a larger mortgage payment….so you didnt "make " anything other than larger monthly payments and deep debt that you will never get out of…tell me again how this is smart? most rich people i know own their houses free and clear with low monthly expenses..

  10. This video is such a blessing to me; I believe success has no shortcuts but are ways to go about it; they are below ?

  11. I salute Ricchdawg you are the great seller and a good communicator who want to remain in the people mind, I’m glad to see my CC delivered to me with the balance I requested ↖️↖️↖️

  12. Your math seems off on your refinancing. If you initially buy the house for 500k you have to spend a total of 150k, 100k for 20% and 50k for remodel. When you refinance you recoup the 100k and the 50k leaving you only 10k profit since the 100k was your initial investment.

  13. Bullshit. Mortgage was 500k and not 400k and you didnt earn 110k but 60k, and you invested 50k in renovation. So banked earned interest and you earned 10k….so first part of this video is lie and bullshit….you are earning money for bank not for yourself…..bullshit

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