The Money Podcast My Brutal Reaction to Bad Money Advice
Listen in as Rob gives his unadulterated yet considered reaction and response to money advice including his thoughts on debt, advice from the likes of Dave Ramsey and what he would say to Dan Pena too!
KEY TAKEAWAYS
- There is a difference between good debt and bad debt. You can use debt to leverage assets and create an income.
- It’s never too late and you are never too old to start a business. Retirement isn’t an option for all and often shouldn’t be either!
- If you want to be successful, you have to get the job done and not come up with excuses.
- Savings are good for teaching you discipline and creating something for you to invest but that’s all they should be for as you can’t save your way to wealth.
- You can get an infinite return on capital when you buy property in no-money-down deals.
- You can start a business with nothing and see an incredible ROI but you must remember the time and energy you put into it, it isn’t something for nothing.
BEST MOMENTS
“The quickest way to go broke is to use debt to buy depreciating liabilities”
“More people are getting further and further away from retirement”
“No one really cares about your excuses”
“You can’t save your way to wealth”
“There’s a cost to success, the question is are you prepared to pay that cost”
VALUABLE RESOURCES
bit.ly/Robsupporter
rob.team
ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
CONTACT METHOD
Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979
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