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I don't make my car payment... My employer does because the money comes from him. Great logic 👍
Employer is active income renter is passive income
Sooo you make your car payments with your income…
His point is don’t buy depreciating assets before you have appreciating assets that can pay for your fun stuff
with passive income*
@@Lil_Loadin there’s no such thing as passive income.
@@dexuwastaken7079 yes there is. appreciating assets are passive income. so are royalties and licensing, etc.
Point is passive income not active income. Just a rule that’s worked for me
just buy real estate he said, 100% rich parents with the dog and the sister.
I’m glad I didn’t have rich parents!
same mfs charging $3500 rent for studios 😂🫵
I don’t recommend renting
I don't make my car payment... My employer does because the money comes from him. Great logic 👍
Employer is active income renter is passive income
Sooo you make your car payments with your income…
His point is don’t buy depreciating assets before you have appreciating assets that can pay for your fun stuff
with passive income*
@@Lil_Loadin there’s no such thing as passive income.
@@dexuwastaken7079 yes there is. appreciating assets are passive income. so are royalties and licensing, etc.
Point is passive income not active income. Just a rule that’s worked for me
just buy real estate he said, 100% rich parents with the dog and the sister.
I’m glad I didn’t have rich parents!
same mfs charging $3500 rent for studios 😂🫵
I don’t recommend renting