Dave Ramsey: the 7 Baby Steps You NEED To Get To Financial Freedom
Erika Taught Me
00:00
The Pitfalls of Leverage and Borrowing
In this chapter, they discuss their previous misconceptions about money, specifically the belief that leverage and borrowing can lead to wealth. They share their experiences with nothing down real estate and how it ultimately led to financial failure. They emphasize the importance of income as a wealth-building tool and caution against committing it to debt.
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