The Vanilla Podcast

5 Ways Rich People Make Money With Debt | Ep 44


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Debt is the root of all EVIL! You have probably heard of the above phrase at least once, but is this really true? Maybe. Seeing how the total US consumer debt is a staggering 17 trillion dollars, that is probably true. But let's break it down and examine how rich people use debt to make a ton of money!

Welcome to The Vanilla Podcast, hosted by Ivan from the Vanilla Investor. On this podcast you’ll learn everything investing-related, smart personal finance tactics and achieving financial independence for you and your loved ones! We talk about the ways of investing your money in the stock market, the most optimal debt repayment strategies, and how you can work your way to a millionaire even on a low salary!

Timestamps:

(01:20) - Method 1

(03:04) - Method 2

(04:05) - Method 3

(06:10) - Method 4

(06:56) - Method 5

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The Vanilla PodcastBy Vanilla Investor