What To Do Before You Borrow Even Cheap Money

5 years ago

Right now, the Federal Reserve is giving away money to banks. Rates are so low that families are saving thousands on mortgages and car loans. Is now the time to borrow this cheap money?

Cheap money can be the ultimate trap. As a nation, it leads to inflation. For individuals, it means rapidly growing debt.

It is debt slavery for all who sign a loan on their future earnings. Unless you know how to borrow responsibly, building your future wealth.

How to know if your loan is affordable? If you are borrowing to invest, then you'll also want to watch https://youtu.be/9kM0MEqLqF0

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