Debt Free or Financially Free? | 3rd Degree Thursday
It’s time to get clear: do you want to be debt free or financially free? Because they require completely different game plans. Today Matt addresses the differences in strategy and more while tackling a listener response to last...
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Show Notes
It’s time to get clear: do you want to be debt free or financially free? Because they require completely different game plans. Today Matt addresses the differences in strategy and more while tackling a listener response to last week’s episode, Should I Buy My Primary Residence?
I agree that your house is a liability, however rent is even more of a liability! There are two sides to the balance sheet: increasing assets and decreasing liabilities (rent). Both will increase your cash flow. I bought my house for $80,000 cash 3 years ago and now it can rent for $1,200 per year. I'm open to increasing my ROI.
- Brian P.
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See you tomorrow for a new episode of Financial Freedom Friday!
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