How The Rich Use Debt To Get Richer (And You Can Too!)

Start your path to financial freedom with a detailed financial plan for $0: https://www.opespartners.co.nz/book-your-free-session-2?utm_campaign=nav-cta Most people think rich people don’t have debt. But that’s not true — they just use it differently. In this episode of the Property Academy podcast, we break down how wealthy Kiwis use debt to build more wealth, while most people use it to fall behind. You’ll learn: ● The difference between good debt vs bad debt ● How to use leverage to buy assets that go up in value ● The two biggest risks of using debt — and how to protect yourself Whether you grew up thinking “all debt is bad” or you’re ready to start using money smarter — this episode will change how you think about borrowing forever. Create your own free Opes+ account here: https://plus.opespartners.co.nz/ Ep. 2244⎥Property Academy podcast 00:00 How the rich use debt to get richer 00:28 Is all debt bad? 01:25 Andrew, what was it like taking on your first mortgage? 03:20 How do rich people use debt to get richer? 04:56 Good debt vs bad debt 09:11 Money in, money out 11:35 Investor mindset 13:27 Inflation and debt 15:21 The biggest risks Subscribe to the podcast for daily episodes: https://linktr.ee/Thepropertyacademypodcast https://www.opespartners.co.nz/ https://www.instagram.com/opes_partners/ #debtmanagement #richmindset #richvspoor This track has been registered for Content ID by AdRev. AdKey:P7GM4kxKBYjRzX Opes Partners Comment Deletion Policy At Opes Partners, we encourage open discussion and respectful debate. If you disagree with us or our content, that’s totally fine – we won’t delete your comment. However, if your comment is mean-spirited, personal attacks, or targets our presenters, we will remove it. Our goal is to maintain a safe, supportive environment for everyone in our community. Let’s keep it respectful, constructive, and focused on growth.