Money Guy Show Financial Advisors React to BONKERS Financial Advice
21 snips
Jun 2, 2025 Dive into the wild world of outrageous financial advice! From street hustles to anti-debt tirades, the hosts dissect some truly bonkers strategies with a good dose of humor. Discover the balance between hustling for cash and investing in solid assets like real estate. They also tackle the smart use of debt, the allure of precious metals, and the importance of long-term financial planning. Ultimately, the focus is on making savvy, informed choices that prioritize real wealth over flashy appearances.
AI Snips
Chapters
Transcript
Episode notes
Hustling for Real Estate Funds
- Grant hustled by asking car dealers for $500 loans which he then used to invest in real estate deals.
- He repeated hustling to raise money and multiply his investments despite the unrealistic payback timeframe.
Pay Mortgage Faster Smartly
- Keep making the same mortgage payment or recalculate to pay it off on the original timeline.
- This strategy helps you save significant interest despite refinancing options.
Debt Can Be Productive Tool
- Not all debt is bad; borrowing at low rates can be productive if investments earn higher returns.
- Debt is a foundational tool for wealth when used with positive arbitrage.