Debt and Investments
JL emphasizes the importance of avoiding debt, likening it to being covered with leeches that drain your resources. While he acknowledges that mortgages can be a necessary part of homeownership, he advises choosing the least expensive option that meets your needs. He also discusses the careful consideration required when taking on any debt, especially in business, and shares his personal experience of living debt-free.In this clip
From this podcast

All the Hacks
The Simple Path to Wealth and FU Money with JL Collins
Related Questions