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What Money Advice Can I Learn in Less Than 10 Minutes, Which Will Help Me Become Rich?
One of my friends from High School just bought her first home with her husband.
It was a celebratory event, where they thanked their banker for securing them their loan, and they were overjoyed with the purchase.
Her and her family now had a place to live and call their own, something many aspire to have.
Of course there will be a lot of big payments to be made starting now, but it is worth it if you can have a place for yourself, right?
Besides, if things go bad you can always sell it for the same amount or even more when prices go up.
Many people think like my friend and take out loans to buy cars, homes and even taking out loans to buy themselves nice things for their hobbies.
They do this and brag about their choices online, not fully aware of what it all entails.
The lack of knowledge is ultimately what gets them paying more than they thought.
I think Robert Kiyosaki puts the best in his book Rich Dad, Poor Dad when he says “Rich people acquire assets. The poor and middle class acquire liabilities they think are assets.”
