Do the Rich Use Debt Differently?
Prairie Eco-Thrifter
MARCH 4, 2015
For example, in How to Become a Millionaire by Age 30 the author claims that: “Rich people use debt to leverage investments and grow cash flows. One of my nieces did this when borrowing for college. Rich people (no matter what your definition) avoid debt that doesn’t pay. Ask yourself if you are borrowing the right amount.
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