How To Use Debt To Create Wealth Like Rich People

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  • เผยแพร่เมื่อ 28 ม.ค. 2025

ความคิดเห็น • 194

  • @locked-in-men
    @locked-in-men หลายเดือนก่อน +127

    "Wealth is your ability to create value for somebody other than yourself" - Myron Golden

  • @IRLBobby
    @IRLBobby หลายเดือนก่อน +148

    “The reason you have to have a job is because your money is unemployed.” Sheesh that is a serious line 😮

  • @yoandervmoney6321
    @yoandervmoney6321 หลายเดือนก่อน +22

    28 min. That’s why real estate is the best vehicle to focus on.

  • @NigelThipha
    @NigelThipha หลายเดือนก่อน +13

    "Wealth is an unlimited spiritual outcome"

  • @kid_rajah
    @kid_rajah หลายเดือนก่อน +9

    That whole “I Gotta Pay The Bills” line is what made start finding out about entrepreneurship.

  • @2hiptae
    @2hiptae หลายเดือนก่อน +9

    My guy!!!! Never miss!!! 💯💯🙏🏽🙏🏽

  • @worldofbeatcirkus
    @worldofbeatcirkus หลายเดือนก่อน +12

    He doesnt know, but he is saving my life. I thank the Most High for him

  • @Bakesonline
    @Bakesonline หลายเดือนก่อน +20

    I'm not a millionaire, no where near but i've been applying for Myron's principles, for example going to take a car monthly payment ($270) which is paid off every month with my websites profits. The website is the asset which produces me monthly income which continues to grow, essentially getting the car for free.

    • @benlamptey5208
      @benlamptey5208 หลายเดือนก่อน +3

      How do you get website clients?

  • @sadaamhasaan_
    @sadaamhasaan_ หลายเดือนก่อน +26

    Unc always exceeds my expectations. 🔥🔥🔥✍🏾

  • @geraldfirme1213
    @geraldfirme1213 หลายเดือนก่อน +38

    Finger Hut😂😂😂. How ignorant we were @ the time without knowing about the Kingdom of GOD!! Thank you JESUS for your Mercy and Grace😊😊😊

  • @fortressehizuenlen4472
    @fortressehizuenlen4472 หลายเดือนก่อน +5

    God bless the youtube algorithm 4 introducing me to myron golden. I never knew there was anything to learn about debt!!!! God keep blessing you!!

  • @georgiapod9442
    @georgiapod9442 หลายเดือนก่อน +8

    1. Poor People Are Afraid Of Debt,
    2. Middle Class People Are Used By Debt
    3. Rich People Use Debt To Create Wealth To Produce Income

  • @SMBLLC-w9j
    @SMBLLC-w9j หลายเดือนก่อน +11

    The more you learn the more you earn!!!

  • @TheTravelingTeacher12
    @TheTravelingTeacher12 หลายเดือนก่อน +56

    A valuable lesson that I learned is that it is always a good idea to get loans when you don't need them and use them to buy assets. If you ever get to a point where you actually need a loan no one will won't to give you one.

    • @rayeintheyard
      @rayeintheyard หลายเดือนก่อน +4

      Facts

    • @McNealyTV
      @McNealyTV หลายเดือนก่อน +1

      Very true

  • @VonaVera
    @VonaVera หลายเดือนก่อน +10

    I’ll be watching this over and over because so much knowledge was given I need every ounce of it! Myron we appreciate you 🙏🏾

  • @GenGenie9118
    @GenGenie9118 หลายเดือนก่อน +3

    Thank You Myron 😁. May We All Have a Blessed and Prosperous 2025🙏🏼

  • @bonganimorafo6891
    @bonganimorafo6891 หลายเดือนก่อน +5

    Oh my gosh Mr. Golden. You're giving us a million dollars worth of knowledge for only 47 minutes of our time. WOW. Thank you so much.

  • @jeffcokenour3459
    @jeffcokenour3459 หลายเดือนก่อน +17

    We were warned!! Lol. Thank you for your teaching sir. I know a rich person who retired, turning over the operation of his company to his son, and now spends his time building and racing cars.

  • @jacobryan4210
    @jacobryan4210 หลายเดือนก่อน +9

    Thank you so much for this gold Myron!! I have a duplex and am currently looking into a HELOC so this came at the perfect time. MAKE MONEY FASTER!!!

    • @MyronGolden
      @MyronGolden  หลายเดือนก่อน +4

      Glad I could help!

  • @vegan-mom
    @vegan-mom หลายเดือนก่อน +6

    NEVER borrow money against your home.

  • @KickbackPod
    @KickbackPod หลายเดือนก่อน +11

    I’ll only have student loans soon, trying to reset with this mindset and level up my entertainment business.

  • @balconybundles2229
    @balconybundles2229 หลายเดือนก่อน +3

    An Abundance Of 💎’s..Every 2 minutes I have to pause The Video To Digest it..Much Appreciated Myron🌬️peace power and health to you and yours

  • @J2theK
    @J2theK หลายเดือนก่อน +1

    Myron, I just wanted to come and congratulate you on almost hitting a million subscribers. I think you were at 100-150k when I first found you, so I felt compelled to drop in and celebrate your success. You've definitely earned every single subscriber you have! Thank you for the wisdom and inspiration.

  • @ElevatingCommerceSolutions
    @ElevatingCommerceSolutions หลายเดือนก่อน +3

    Myron is Golden

  • @GodsFlower777
    @GodsFlower777 4 วันที่ผ่านมา

    💥 Myron teaching velocity banking ❤

  • @D2AFRICA_Academy
    @D2AFRICA_Academy 28 วันที่ผ่านมา +2

    The content of the video is mind blowing.🙌🙌🙌 Thank you Myron for your Powerful message.

  • @mysevenstreams
    @mysevenstreams หลายเดือนก่อน +4

    This was the mic drop to end the year…. Thanks MG APTTMH

  • @petebarr780
    @petebarr780 หลายเดือนก่อน +19

    Now I know why they do my teach this stuff in school. Everyone would be rich. Many people go their whole lives BELIEVING to work and get out of debt

  • @MrShei123
    @MrShei123 หลายเดือนก่อน +2

    MOG MG, thank you so much for freely sharing your incredible, God-given wisdom, with me.

  • @Lillambo1000
    @Lillambo1000 หลายเดือนก่อน +5

    Don’t worry about criminals making money just because it’s fast get faster than the criminals making money and you won’t even see them .

  • @estiba8448
    @estiba8448 หลายเดือนก่อน +2

    Golden you created value for me. Thank you

  • @mizpah41
    @mizpah41 หลายเดือนก่อน +3

    Waahhh ...."debt free is still ZERO! .."

  • @Bustdownfood
    @Bustdownfood หลายเดือนก่อน +2

    🔥 Myron appreciate everything you do

  • @vincentkachisi2932
    @vincentkachisi2932 หลายเดือนก่อน +1

    I have watched a couple of financial literacy lectures but you are unique.

  • @kingtuti2549
    @kingtuti2549 17 วันที่ผ่านมา

    This is incredibly awesome! I can't believe just a few thousand have viewed this video among the countless millions out there. No wonder the good book clearly states, "My people perish for lack of knowledge." Thank you, Mr. Myron Golden; indeed, these are "golden" nuggets.

  • @MrDavid2327
    @MrDavid2327 หลายเดือนก่อน +2

    I'm sure you don't read all the comments but could you please make your talks available to listen to on TH-cam music. I'm sure it wouldn't be hard to use the same content across the whole TH-cam platform. It would also make your talks available to more people.
    Thank you for the free content you put out to help people succeed.

  • @EbonySade1
    @EbonySade1 หลายเดือนก่อน +1

    I listen to this at the right time!! Learned so much. Thank you Uncle Myron

    • @MyronGolden
      @MyronGolden  24 วันที่ผ่านมา

      Wonderful!

  • @mikehamilton2689
    @mikehamilton2689 หลายเดือนก่อน +4

    Wow change my whole perspective on how I’m gonna pay my bills and where I’m going to deposit my money

  • @LeShundiaKatrice
    @LeShundiaKatrice หลายเดือนก่อน +7

    You better school us today!!!! I know it’s about to get serious when the jacket comes off 😆🙌🏾

    • @ahsanrogers
      @ahsanrogers หลายเดือนก่อน

      😂😂😂😂🔥

  • @kbutler2101
    @kbutler2101 หลายเดือนก่อน +1

    Thank you so much for all that you do Myron, I am 24yrs old and learn so much from you.

    • @MyronGolden
      @MyronGolden  24 วันที่ผ่านมา

      You are very welcome

  • @Fourlyfe2024
    @Fourlyfe2024 หลายเดือนก่อน +2

    Awesome teaching now it’s time to take action

  • @pheadrawalker6406
    @pheadrawalker6406 19 วันที่ผ่านมา

    Thanks!! I SOOOO needed this!

  • @JJoshua-qy4dq
    @JJoshua-qy4dq หลายเดือนก่อน +11

    Dear Myron, for most of us black men complexity can often be hard to understand or explain. Short questions often have long answers..etc. Don't stop teaching please because alot of gate keepers may leave out a valuable peices of info when teaching...It all made sense when you started talking about points and elaborated..We were never taught, thank you. 🤎 The Holiest of the Holy is using you as a vessel ✊🏾

    • @Opmsu
      @Opmsu 27 วันที่ผ่านมา

      You should not project your limitations on others. To categorize most black men a certain way is foolish. I’m sure Myron could not disagree more with the first sentence. I’m going to rate this comment as the weakest comment in here

    • @theiriscen
      @theiriscen 25 วันที่ผ่านมา

      Lol, you think god cares about you making money ? Dont bring him/her into this

    • @Opmsu
      @Opmsu 25 วันที่ผ่านมา

      @@theiriscen him/her? You are very confused. God cares about everything. Do people work for free? Of course He cares about money. Money makes your life easier as it’s a tool

  • @sxribblez5873
    @sxribblez5873 หลายเดือนก่อน +3

    This is golden to me brother , thank you ❤... Really valuable

  • @eighexscape
    @eighexscape หลายเดือนก่อน +1

    Myron man o man you hit um with knowledge with this one I always appreciate you bro your was the human book I needed beside the Bible to make sense to my blueprint journey. Thank you and God bless you

  • @refundexpress
    @refundexpress หลายเดือนก่อน +2

    Masterclass 👏🏾👏🏾👏🏾👏🏾

  • @plicool
    @plicool 21 วันที่ผ่านมา

    Legend Myron ⚡

  • @jeremiahoyebamiji1209
    @jeremiahoyebamiji1209 หลายเดือนก่อน +1

    So much value for free
    Thanks Myron 🎉🎉🎉

  • @moniwhite6199
    @moniwhite6199 หลายเดือนก่อน +2

    I'm poor and I only started dealing in credit to build it, but that 20% is the low my interest rates are 34% and I have like 3 of these credit cards and a payday loan at 36%. Can't wait to pay these off and cancel them immediately !

  • @followedbygrace
    @followedbygrace หลายเดือนก่อน +1

    That last play is my goal for 2025! 🔥🔥#soundwisdom

  • @thestephensonsfamily9057
    @thestephensonsfamily9057 28 วันที่ผ่านมา +1

    My my my…… so much information here
    Thank you!

  • @timalmond3716
    @timalmond3716 26 วันที่ผ่านมา +1

    Mind blown 🤯

  • @okerodlach5610
    @okerodlach5610 หลายเดือนก่อน +1

    Your knowledge is valuable and inspiring to me.learn more, take more action, earn more.

    • @MyronGolden
      @MyronGolden  24 วันที่ผ่านมา

      Excellent!

  • @antoniolay7787
    @antoniolay7787 23 วันที่ผ่านมา

    This is a game changer! Thank you for this gem. Man, wow!

  • @user-jt7qh4yr9b
    @user-jt7qh4yr9b หลายเดือนก่อน +2

    Soooo good!
    It’s so much game in this video!!!!

  • @dennismolina1127
    @dennismolina1127 หลายเดือนก่อน +1

    Wealth is measured more on velocity not on volume.

  • @charrisgs400
    @charrisgs400 23 วันที่ผ่านมา

    I love this one! Very simple explanation of an often-confusing concept.

  • @paulatracy1802
    @paulatracy1802 หลายเดือนก่อน +5

    I remember finger hut 😂😂😂

  • @patrickwilson1808
    @patrickwilson1808 หลายเดือนก่อน +1

    Right on time right on time. I just recently lost my mother and need to turn her house into income. I'm going to watch this a million times.

  • @trentondavidson5456
    @trentondavidson5456 หลายเดือนก่อน +1

    I loved this lesson !! The only piece I feel was missing was the biblical context around debt. My wife mentions the scripture “neither borrower , nor lender be” like the Bible I saying we shouldn’t be in debt at all. Would love to hear Myron’s biblical approach to support to the concepts in this video .

    • @alexoyebade5926
      @alexoyebade5926 21 วันที่ผ่านมา

      Remember the story of the dead prophet's wife that fed Samuel? She was instructed to go BORROW vessels - not a few (leverage). Borrowing for consumption is foolishness and that is what the bible negates. There is great wisdom in borrowing to create income producing assets my brother.

  • @geraldfirme1213
    @geraldfirme1213 หลายเดือนก่อน +1

    Pastor Myron,
    Can you do teaching on using a CPA Strategist? I seen an episode that you had in the past with another brother in the LORD and need wisdom to seek one out before starting a business. Thank you very much for all that you do.
    Brother Gerald

  • @jharlem1734
    @jharlem1734 หลายเดือนก่อน +4

    This 1 of them 1’s

  • @ErinCampbell-q3v
    @ErinCampbell-q3v หลายเดือนก่อน +1

    I bought my first sewing machine on Finger hut. I used it to make money sewing things when I was 18 years old.

  • @wallywechs4694
    @wallywechs4694 หลายเดือนก่อน +2

    Mind blowing🎉

  • @grumpwerx
    @grumpwerx หลายเดือนก่อน +4

    Came in late, have to watch from the beginning.

  • @Dmaccabees
    @Dmaccabees 12 วันที่ผ่านมา +1

    🔥💎🔥Powerful🔥

  • @curryvision2020
    @curryvision2020 หลายเดือนก่อน

    Thank You!!!!

  • @gagansingh61
    @gagansingh61 23 วันที่ผ่านมา +1

    I didn't understand "HELOC" can anybody help me in understanding the concept

  • @coachablaza
    @coachablaza หลายเดือนก่อน +1

    Poor people do activities that are mundane… smoking weed, poppin bottles, going to the club and watching tv 😬🥴

  • @hangtimek7276
    @hangtimek7276 หลายเดือนก่อน +2

    So how much debt is good

  • @iankingston480
    @iankingston480 20 วันที่ผ่านมา

    thank you Myron you have simplified rich debt l will save video and review.

  • @DeniseGraham-SAID
    @DeniseGraham-SAID หลายเดือนก่อน +2

    This is awesome! I'm truly looking into the HELOC and to leverage my business. Thanks for the video!

    • @MyronGolden
      @MyronGolden  หลายเดือนก่อน

      Glad it was helpful!

  • @lovelyjamierose_
    @lovelyjamierose_ หลายเดือนก่อน +1

    Finally found someone I need to be listen to in 2025 and on 🎉

  • @edenJesuschildofGod8132
    @edenJesuschildofGod8132 หลายเดือนก่อน +1

    ❤stay blessed brother

  • @juancarlosabreu5967
    @juancarlosabreu5967 หลายเดือนก่อน +1

    Thank you, I have heard the voice of God in this video, thanks a lot

  • @eniafasolio9859
    @eniafasolio9859 4 วันที่ผ่านมา

    I live in the UK. Can I apply what you teach here as well

  • @jaymorr2414
    @jaymorr2414 หลายเดือนก่อน +1

    Hmm this I a game changer for me thank you Mr. Myron Merry Christmas to all and to all a good nite.

    • @MyronGolden
      @MyronGolden  หลายเดือนก่อน

      Happy holidays!

  • @madren36
    @madren36 11 วันที่ผ่านมา

    Thank you Lord for this beautiful prayer for 7 days. It really help me. Please help everyone on this earth Lord. Take care of the evil doers that try to undue your righteous plans. evil is out here, but Lord you are stronger. IN THE NAME OF JESUS, AMEN,

  • @alteredillusions100
    @alteredillusions100 หลายเดือนก่อน +1

    That was Awesome!

  • @mufutaufadekoo9408
    @mufutaufadekoo9408 หลายเดือนก่อน

    You are a good lecture, i love how you're giving me lectures concerning this items products on this investment skills levels ❤

  • @Jefferson50
    @Jefferson50 หลายเดือนก่อน +1

    Fantastic

  • @MistyBlueJudah
    @MistyBlueJudah หลายเดือนก่อน +1

    I’m learning so much. Thank you 😊

    • @MyronGolden
      @MyronGolden  หลายเดือนก่อน

      I'm so glad!

  • @BrendashaJohnson
    @BrendashaJohnson 25 วันที่ผ่านมา +1

    He’s talking right at me

  • @TWL3rd
    @TWL3rd 5 วันที่ผ่านมา

    35:14 gotta set this timestamp for myself because 🤯 these is life #bars

  • @jerrodscarber1627
    @jerrodscarber1627 หลายเดือนก่อน +1

    This is genius

  • @mackjones4564
    @mackjones4564 8 วันที่ผ่านมา

    I remember that finger hut catalog 😂😂😂

  • @markho9653
    @markho9653 หลายเดือนก่อน +1

    Wise man

  • @W.G.M.ThoughtProvoker
    @W.G.M.ThoughtProvoker หลายเดือนก่อน +3

    28:47 because you went over this on a video several months ago i started doing this and, yeah you're 💯 percent correct, so much more beneficial to borrow money and use the banks money rather than your own, lol oh i indeed get the point(s)

    • @sleepzay2989
      @sleepzay2989 หลายเดือนก่อน +1

      What video was it?

    • @W.G.M.ThoughtProvoker
      @W.G.M.ThoughtProvoker หลายเดือนก่อน

      @sleepzay2989 oh I gotta do some searching... but it's the same concept, so now instead of using my debit card to pay for things (unless I get more cashback from my bank [which in some cases I will]) I use a credit card for all my purchases and reap the cashback Rewards and just pay my payments daily (if applicable) since I don't circulate money I don't have. it takes discipline and is beneficial for me, I can't speak for anyone else. Everyone's credit situation is different

  • @grumpwerx
    @grumpwerx หลายเดือนก่อน +4

    Do you think this video could change Dave Ramsey's mind about borrowing money? ?

    • @maxlodewyk_na
      @maxlodewyk_na หลายเดือนก่อน +9

      No it won’t because his strategy has worked for him and many others.

    • @emont581
      @emont581 หลายเดือนก่อน +3

      😂😂

    • @Reo-48
      @Reo-48 8 วันที่ผ่านมา

      He is just playing with money. He doesn't talk about risk management. Sometimes you win. Sometimes you lose. If you live on debt, technically, it's not your money. It's the lender's money.

  • @escalade8759
    @escalade8759 หลายเดือนก่อน +1

    Awesome!

  • @namubirubrendah391
    @namubirubrendah391 หลายเดือนก่อน

    Thanks

  • @TheEmpowermentQueen
    @TheEmpowermentQueen หลายเดือนก่อน +1

    Sooooo good! 🎉

  • @tinishaturner1849
    @tinishaturner1849 หลายเดือนก่อน +1

    Hold on, I need to hear the way you use a heloc one more time. This is really good info.

  • @KishTalksCredit
    @KishTalksCredit หลายเดือนก่อน

    This is a great video. It's a different way to think about financial success😊

  • @mufutaufadekoo9408
    @mufutaufadekoo9408 หลายเดือนก่อน

    I love your mathematical analysis of what you are lesson me as my good Success Coach is concern

  • @chrisjohnsonleadershipservices
    @chrisjohnsonleadershipservices หลายเดือนก่อน +4

    So what do you do with verses in the Bible that say owe no man anything Roman’s 13:8

    • @chrisjohnsonleadershipservices
      @chrisjohnsonleadershipservices หลายเดือนก่อน +2

      Or the verse that tells us the borrower is servant to the lender. Proverbs 22

    • @ER-pc3dx
      @ER-pc3dx หลายเดือนก่อน +12

      I think it goes back to how he compares poor people to rich people. Poor people are literal slaves when they take out debt. Rich people use debt as a tool and can pay it off. Big difference. Just my opinion though.

    • @FIELD318CITY
      @FIELD318CITY หลายเดือนก่อน +6

      Rich people are borrowing money that they already have so at any point, could actually pay off their loan. Poor people borrow because they don't have money which makes them a slave to the lender

    • @Spladoinkal
      @Spladoinkal หลายเดือนก่อน +8

      @@ER-pc3dx This. It's a warning against bad debt not good debt. Don't go out and rack up all kinds of debt because you want fancy clothes, etc. or you become a slave. Use debt as a tool for wealth.

  • @Vali-092
    @Vali-092 5 วันที่ผ่านมา

    Are yall trackin?

  • @heavenrose1111
    @heavenrose1111 หลายเดือนก่อน +2

    You look great in blue!

    • @MyronGolden
      @MyronGolden  หลายเดือนก่อน +2

      Oh thank you!

  • @mufutaufadekoo9408
    @mufutaufadekoo9408 หลายเดือนก่อน

    I am interested in your lectures on this network TH-cam channel concerning this issues

  • @Livinghealthy619
    @Livinghealthy619 หลายเดือนก่อน +2

    Make money and invest it sooner you'll be rich 💯 😎.