THE TRUTH ABOUT DEBT THAT NO ONE ELSE WILL TELL YOU | Let's Get Real Ep. 11 NoBS Wealth podcast

THE TRUTH ABOUT DEBT THAT NO ONE ELSE WILL TELL YOU | Let's Get Real Ep. 11

5M ago 7:54

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Your primary home is the WORST debt you could have. PERIOD.

The ultra-wealthy know something you don't: Debt isn't a burden—it's LEVERAGE. While you're stressing about paying off your mortgage, the rich are using their debt to create more wealth.

In this no-bullshit episode, Stoy rips apart everything you thought you knew about money. Discover why:

Your house isn't the asset you think it is
The wealthy NEVER aim to be "debt-free"
Student loans are a scam for most people
Your mindset about debt is keeping you broke

This isn't your feel-good financial podcast. This is the raw, unfiltered truth about how money actually works.

Ready for some financial reality? Or would you rather keep believing the comfortable lies?

👉 Watch the full video: https://youtu.be/gDE5nN46WGY 👉 More unhinged financial truth: nobswealth.com

As always we ask you to comment, DM, whatever it takes to have a conversation to help you take the next step in your journey, reach out on any platform!
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DISCLOSURE: Awards and rankings by third parties are not indicative of future performance or client investment success. Past performance does not guarantee future results. All investment strategies carry profit/loss potential and cannot eliminate investment risks. Information discussed may not reflect current positions/recommendations. While believed accurate, Black Mammoth does not guarantee information accuracy. This broadcast is not a solicitation for securities transactions or personalized investment advice. Tax/estate planning information is general - consult professionals for specific situations. Full disclosures at www.blackmammoth.com.

Chapters

1. Why Your House Might Be The Worst Debt You Own (00:00:00)

2. The Real Difference Between Good Debt vs Bad Debt (00:00:30)

3. What The Wealthy Know About Leverage That You Don’t (00:01:20)

4. Why Your “Debt-Free” Mindset Is Actually Keeping You Broke (00:02:00)

5. Homeownership: The Lie You’ve Been Told (00:03:00)

6. How To Flip Bad Debt Into an Income-Producing Asset (00:04:15)

7. Business Loans & Student Debt: What’s Worth It? (00:05:00)

8. Credit Cards, Payday Loans, and the TRAP of Bad Debt (00:06:00)

9. The Truth About Vehicles, Tools, and How to Use Leverage Right (00:06:50)

10. Real Talk: Debt Planning or Debt Prison? Choose Your Path (00:07:30)

11. Why Most People Stay Financially Stuck (And How You Don’t Have To) (00:08:00)

184 episodes