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Using Debt to Build Wealth with Tom Anderson #637

How to Money

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Are You Thinking About Using Your Balance Sheet Strategically?

As you move up the net worth spectrum, you get more and more advisors. And those advisors tell you about the benefits of using your balance sheet in a holistic way to kind of maximize your long term net worth. These high net worth people are like little companies, right, with lots of different advisors. And they're thinking about things strategically. That's what we can do as well, is that there are times when you could pay cash for something, but you instead, or you could pay down your debt, but you choose to make a different decision.

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