00:00How to become a millionaire part six. Most people think buying a house is the smartest
00:04financial decision they'll ever make. But here's what banks don't want you to notice.
00:09On a 30-year mortgage, most of your early payments don't build ownership. They go toward interest.
00:15That means after years of paying the bank, you may own far less of the home than you expected.
00:20That's why many wealthy people focus on buying assets that generate cash flow,
00:24not just monthly payments. But this is only one mistake hidden inside the home ownership system.
00:30The full breakdown exposes the five rules the wealthy use to make real estate build wealth
00:34instead of destroying it. Watch the full masterclass through the pinned comment before you sign your
00:39next mortgage.
