4.8 • 955 Ratings
🗓️ 18 October 2022
⏱️ 18 minutes
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0:00.0 | This is Terrio Media. |
0:04.0 | You ever get a new credit card in the mail and instantly think about all the things that you can now afford? |
0:10.0 | Well, you ever put it to use and you reach the limit before you know it and the store clerk says, |
0:15.0 | sorry sir, your card has been declined. |
0:17.4 | And you're like, oh, damn, didn't realize I spent that much. Real Estate Investing Podcast on the Interwebs. |
0:33.0 | Your source for housing market updates, creative investing strategies, and everything else |
0:37.3 | you need to retire early. |
0:40.4 | Some audio may be pulled from our weekly videos and may require visual support. |
0:44.4 | To get the full premium experience, |
0:46.6 | check out Epic Real Estate's YouTube channel, Epic REI. TV. |
0:51.2 | If you want to make money in real estate, sit tight and stay tuned. If you want to go far, share this with a friend. |
0:59.0 | If you want to go fast, go to re I ACE.com. |
1:03.0 | Here's Matt. |
1:05.0 | And maybe now you're in a little bit of a bind or maybe not, but there will be consequences |
1:09.6 | if you miss those payments, right? |
1:12.0 | You see, although the credit card company cut you off, it did save you |
1:15.5 | from digging a deeper hole for yourself. Well, apparently when you take office, the president |
1:20.4 | get their new credit card, and it burns a hole in their pocket the same way it does for most people. |
1:25.0 | But there are some differences. You see, there doesn't seem to be a limit. There's no creditors to decline a transaction. |
1:31.0 | And evidently, there's no limit to the hole that you can dig either and with regard to the consequences for missed payments well |
1:36.8 | don't worries someone else will take care of it and they will those payments are passed on to someone that didn't even do any of the spending and these |
1:44.1 | days that person they're hardly getting any benefit from the spending either but |
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