00:00How to become a millionaire, part four.
00:03Everyone tells you the best way to build wealth
00:05is to stay out of debt.
00:06But that's only true if you're playing
00:08the lowest levels of the game.
00:10Think about it.
00:10Level two is payday loans.
00:12You're borrowing because you're already out of money.
00:14Level three is credit card debt.
00:16The bank makes money every month you can't pay it back.
00:19And level four, you're financing cars, furniture,
00:22and things that lose value the moment you buy them.
00:24This is where millions of people get stuck.
00:26So they spend their whole lives believing
00:28all debt is a financial trap.
00:29But here's what most people never realize.
00:32Those are just the beginner levels.
00:34The higher levels completely flip the game.
00:36That's where debt stops taking money out of your pocket
00:38and starts building businesses,
00:40buying assets, and creating wealth.
00:42But that's only the beginning.
00:43This is just part one of the 10 levels of debt.
00:46And we've only covered the levels that keep people broke.
00:48The levels that wealthy people actually use
00:51completely change how you think about money.
00:53If you stop here,
00:54you're only seeing the bottom of the ladder.
00:55Watch the full masterclass from the pinned comment
00:58before you make another financial decision.
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