4.6 • 2.8K Ratings
🗓️ 27 September 2024
⏱️ 39 minutes
🧾️ Download transcript
We're back to debunk even more of the biggest financial lies that we see all the time on the internet, to help you understand what’s real, what’s fake, and how to do money better.
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Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life.
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0:00.0 | Financial lies that are going viral, part deuce. |
0:04.3 | I am so excited about this because I don't know if you know this not everything on the |
0:16.9 | internet is true. |
0:18.6 | Oh say it so. |
0:20.1 | And there is so much stuff out there about financial content about the financial world |
0:25.9 | that is just absolute hogwash. |
0:28.3 | So our hope today is we can walk you through some of these big myths and put them to bed once and for all so |
0:35.5 | that you can actually do money better. And even if they're not lies, they're |
0:41.1 | partial truths. That's right. |
0:43.0 | Like a little bit of truth in there wrapped up with a bunch of, as you said, hogwash. |
0:48.0 | So let's jump right in. |
0:50.0 | But what is myth number one? |
0:52.0 | Myth number one is that the way that you become wealthy the key to becoming |
0:56.1 | wealthy is you have to borrow your way to wealth leverage and borrowed money is the way that you get there. But don't take our word for it. Check |
1:08.0 | out these clips. |
1:11.3 | How to buy another property if you can't currently afford one. |
1:14.4 | If you can't afford it. |
1:15.6 | Everyone would live by, they would all wind up multi-millionaires. |
1:19.1 | It's called a home equity line of credit. |
1:20.6 | Here's how you can start investing in real estate using a he-lop. |
1:24.0 | Home equity line of credit. |
1:26.0 | When you buy a house, the moment you have enough equity that you can pull out of it while living there, |
... |
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