MI053: Building Wealth, Staying Wealthy, and Retiring Early with Jeremy Schneider (Personal Finance Podcast)
The Intrinsic Value Podcast - The Investor’s Podcast Network
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How to Pay Off Debt Quickly
"I've never met a rich person who's gone there by leveraging a depreciating asset," he says. "When you don't pay off your car loan at 0, 1, 2%, whatever, you're just living in this fiction where you have money when you don't have money" Don't think about monthly costs: Think long term down the road and start to build more wealth,. He also hates '0% carlands' because it's like torturing middle class people into being more broke.
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