Money Grows on Trees

Money Grows on Trees Understanding Debt


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In the 6th episode of the podcast Lloyd discusses something Millennials and a lot of people around the world are facing … D.E.B.T!
Lloyd breaks down how to use debt properly and why having debt is sometimes useful. He explains what consumer debt is and why it’s bad for your money tree. He also explains how to use debt to help grow your money tree.
As always Lloyd gives an extra bit near the end to help you get rid of the bad debt and get yourself some good debt!
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In his early 20's Lloyd picked up a book called “The Snowball” a comprehensive biography about Warren Buffet, arguably the world’s greatest investor of all time and one of the wealthiest on the planet. 
He bought his first stock at age 25… at age 37, Lloyd is now just a breath away from achieving his first major financial goal of $1 million, without ever using debt.
He also bought a book called "Rich Dad Poor Dad" and that helped him, his wife and older sister start a side hustle, and now they teach people how to plant their own Money Tree.
Join Lloyd on his journey helping everyday people reach their financial goals.
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The material in this publication is of the nature of general comment only, and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances and it should not be relied on as the basis for any decision to take action or not take action on any matter which it covers. Listeners should obtain professional advice where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication.
 
This podcast is produced by: Phil Better Inc
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Money Grows on TreesBy Lloyd J Ross

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