Get Rich Education

220: Two Podcast Hosts Debate Me About Wealth

December 24, 201862 min
Financially-free vs. debt-free. Pick a side. In this interview and debate, I’m on the financially-free side. Two podcast hosts are on the debt-free side. Financially-free means doing what you want to do, when you want to do it. Debt-free means that you don’t owe anyone anything. Can’t you just pick both? Well, being on the debt-free side often means taking a step away from financially-free. Host Seth Williams and co-host Jaren Barnes run and the REtipster Podcast. __________________ Want more wealth? 1) Grab my FREE E-book and Newsletter at: 2) Actionable turnkey real estate investing opportunity: 3) Read my best-selling paperback: __________________ Listen to this week’s show and learn: 03:42 Example on why home equity is unsafe, illiquid, and ROI-zero. 05:30 Interview begins. 08:15 Average of the five. 10:02 Wealthy | Middle Class | Poor 12:46 Stop looking at property. 22:50 Is today a good time to buy real estate? 28:29 Financially-free vs. debt-free. 50:35 Reasons to avoid leverage. 52:58 Rising HELOC rates. 54:21 Long-term commitments. 58:27 “The Godfather Of Real Estate”, Bob Helms, and friend John Collins on debt. Resources mentioned: Seth Williams’ Website: Seth Williams’ Podcast: Here My Book: 7 Money Myths - Amazon My Book: 7 Money Myths - E-version Mortgage Loans: Cash Flow Banking: Turnkey RE: QRP: Find Properties:

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