Financial Freedom 101 Class 3 of 4 Summary

James Justin Financial Health Leave a Comment

“The rich rules over the poor, and the borrower is servant to the lender.” — King Solomon, Proverbs 22:7

Leverage Debt to Build Wealth

Debt is a loan or money you borrow from a person or a bank. It’s a responsibility or an obligation that requires one party (the debtor), to pay back money to another party (the creditor). When you borrow money, you agree to pay back the original amount plus interest.

Debt can be likened to fire. It can warm you up in the winter or burn you with mishandling. Likewise, debt can be good and bad depending on what it’s used for and the loan type. Debt can be leveraged to build wealth when you use it properly. In contrast, it can cause you stress and ruin your financial credit report. In this class, we discussed practical ways you leverage debt to build wealth.

Watch the video below to review today’s lessons…

Choose to be rich by thinking about it, learning about it, and doing it consistently. As your financial coach, I’m dedicated to helping you achieve lasting results. I created this course to help you succeed in your finances and in life. This course will offer you the foundational knowledge you need to get started. This class will cover the mindset for success.

It doesn’t matter who you are, where you are from, or what financial mistakes you have made. You can still choose to become financially free! You can choose to master your money. You can choose to make your money work hard for you instead of you working hard for it. Financial freedom is available to you and this class will give you the foundations to create it.
DISCLAIMER: The content of this class is for educational purposes only. I’m a success coach. I’m NOT a financial advisor, accountant, tax expert, or lawyer. If you need a financial advisor, please consult a licensed professional in your city. Investing of any kind involves risk. While it’s possible to minimize risk, your investments are solely your responsibility. It’s imperative that you conduct your own research before investing. I’m merely sharing my opinion with no guarantee of gains or losses on investments.
Tags: #FinancialFreedom #Investment #Wealthy #Rich #Money #AbundantLife #LeverageDebt

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