Money Guy Show cover image

3 Biggest Ways Millionaires Lose Their Wealth [And You Could Too!]

Money Guy Show

00:00

Prepaying Low Interest Debt - Risk O Devastates

If you're satisfying low interest debt, instead of having those dollars go out there and create a meaningful rate of return that can keep up with the rate of inflation. You could potentially be harming your future self purchasing power. The reason is is compounding growth. Under forty five, do not prepay the low interest debt. Post forty five, assuming you've done all the right things, it's ok to prepay the debt.

Play episode from 46:21
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app