Qataku.com | How Rich People Make Money With Debt – Why Billionaires Take Out Mortgages – #gooddebt #richpeople #markzuckerberg
Ways Rich People Make Money With Debt – Why Billionaires Take Out Mortgages
In this video, let’s talk about how Mark Zuckerberg, other billionaires and wealthy individuals used DEBT to make money.
00:13 – Mark Zuckerberg Mortgage
00:57 – Interest Rates Explain
03:22 – Other Wealthy Individuals
04:55 – Why do the wealthy pay a lower tax rate than the rest of us?
05:18 – Paying your mortgage on time each month helps your credit score.
05:36 – Banks offer low mortgage rates to attract rich individuals.
06:32 – Playing with debt is risky.
07:06 – Leverage makes you rich fast.
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