RANT: Is Debt Really Bad?

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Published May 17, 2022, 11:00 PM

We are in a cost of living crisis, inflation is high and spending power is low, more and more people are getting into debt. This is the reality, so is there anything you can do and is all debt really bad?

 

KEY TAKEAWAYS

 

  • Rob doesn’t believe all debt is bad. It’s not always a bad idea, you just need to learn which debt is dumb and which debt is smart.

 

  • Inflation is 10%+ so don’t keep your cash in the bank, use it for leverage for good debt such as property investment.

 

BEST MOMENTS

 

“Having cash is dumb unless you want to lose 10% a year”

 

VALUABLE RESOURCES

https://robmoore.com/

 

bit.ly/Robsupporter  

 

https://robmoore.com/podbooks

 

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

 

“If you don't risk anything, you risk everything”

 

 

CONTACT METHOD

Rob’s official website: https://robmoore.com/

 

 

Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

 

 

LinkedIn: https://uk.linkedin.com/in/robmoore1979

 

 

See omnystudio.com/listener for privacy information.

 

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