6 Money Traps to Avoid

Ken McElroy Show

Ken McElroy

Business, Investing, Education, Business News, News

4.8 • 692 Ratings

🗓️ 24 May 2022

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Join Ken and Danille as they discuss the 6 money middle-class money traps to avoid. Want to ask Ken a question or have him look over a deal? Sign up for Ken's Inner Circle: https://kensinnercircle.comJoin Ken at his live in-person event in June: https://limitlessexpo.com/Join Danille on her next webinar, register here: https://kenmcelroy.com/webinarKen has a real estate strategies podcast! Follow on your favorite platform for new discussions released weekly.Apple Podcasts: https://apple.co/3jDqftxSpotify: https://spoti.fi/31GUDwWWebsite: https://bit.ly/2DaIoPH• • •Be sure to click the bell to be notified as soon as the next informational video is posted!Visit Ken's Bookstore: https://kenmcelroy.com/books/•ABOUT KEN:Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.Ken's company: https://mccompanies.com/• DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind. Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel. Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites.All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates. 2022 KenMcElroy.com, LLC. All Rights Reserved.#kenmcelroy #LiveStream #realestateinvesting

Transcript

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0:00.0	Welcome to the Real Estate Strategies podcast, where we host in-depth conversations on
0:07.4	everything real estate with the industry's biggest movers and shakers. I'm your host, Ken McElroy,
0:13.4	joined by my co-host, DeNeil. Let's get right into this episode. Hello, and welcome to the Ken
0:18.7	McRoy show. I'm your host, Danielle, here with Ken.
0:21.5	Okay, everybody, what's happening?
0:22.6	This is a really great show.
0:23.7	So we're doing six middle class money traps to avoid.
0:28.5	Yeah, yeah, these are good ones.
0:29.9	Yeah, they are good.
0:30.9	You know, most of our audience watching is in the middle class.
0:33.6	And I came that way.
0:35.3	You came up that way.
0:36.6	So these are from experience.
0:38.7	And we see friends and family members doing these things.
0:42.3	You can't talk to them.
0:43.9	Yeah.
0:44.5	Like it's the most bizarre thing.
0:46.3	Like these are very simple things.
0:47.9	You guys are going to love these.
0:49.8	And it's like when you talk to folks about it, they just like glaze over as if it doesn't exist.
0:56.0	Yeah.
0:56.2	Or you see them doing it and you're just like, yeah, you know, this is why you're still in the middle class.
	...

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