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Curated by: Mike Wilson | RecycleYourMoney (136 videos)
Everything I’ve built to help you level up financially is now in one place 👇 http://bit.ly/3J9KC3V -- Private Discord👇 https://whop.com/recycleyourmoney/recycleyourmoney-discord -- Join Robinhood for your FREE Stock by clicking the link below!👇 https://join.robinhood.com/michaew2331 -- -- I have $370,000 in debt and inflation is paying it off for me. Here's how. My rate is 3.875% and that payment does not move. Groceries can double and rent can go right along with them, and I'm still sending the exact same number I sent the day I signed. So over 30 years prices go up, wages go up with them, and the dollars I'm paying that loan back with are worth less every single year. The debt isn't getting bigger, it's getting easier, and the house it's attached to is going up the whole time. If you've got fixed rate debt against an asset, inflation is on your side. If you're sitting in cash, you're the one paying for it. -- Disclaimer: This video is for educational and entertainment purposes only. Nothing discussed should be considered financial, tax, or investment advice. Always do your own research or consult a licensed professional before making financial decisions.