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How I’m Beating the System| Mo Gawdat Quizzes Me on My Success

Disruptors

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Leveraging Assets and Taxes for Financial Growth

The chapter explores the strategy of leveraging assets with bank debt to shift control and reap benefits, emphasizing financial education to overcome pitfalls. It discusses distinguishing between income-generating assets and liabilities, sharing a strategy of financing luxury purchases through asset income. Additionally, the conversation delves into clever tax strategies to minimize liabilities and increase wealth, suggesting starting a small business for more control over revenue and tax bills.

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