E3: The Power of Leverage
Are you in control of your money? In this episode, Nate and Holly address the topic of financial leverage power and how you should have more of it in order to build your family’s wealth. By making your assets work for you, keeping your money in motion, and thinking outside of the box, you and your family can reap major financial benefits.
Listen in as Nate and Holly show you the power of leverage, as well as:
- How to make money in multiple places at the same time
- Why you should look at life insurance as an asset
- The advantages of moving your money
- How get out of the “envelope” mindset
An asset has to be something that puts food on the table or pays the bills. A lot of people aren’t using their home that way.The poor mentality is I’m going to put money here, here, and here, and then I’m just going to let it sit there.With life insurance, the insurance company contractually guarantees that you’ll make money. Now that’s not a half-bad world to be in.The key is learning to keep money moving and build wealth by having it in multiple places not just one.
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