ilmscore | 7.5 Paycheck Hacks To Build Wealth Faster

7.5 Paycheck Hacks To Build Wealth Faster

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Topic
Status
Making bi-weekly mortgage payments instead of monthly can save over $170,000 on a $500k loan at 7% interest.
"In this example, you will save more than $170,000 by making a little tweak."
Mortgage Payments
Pending
Reading 25 books across five categories (money management, business, leadership, sales, personal development) can provide an MBA-level education at a fraction of the cost.
"If you read these 25 books, and I don't care which books you read, just go on to Amazon and find the top rated books in each one of these sections. If you read five books in each one of these categories, you are going to get an MBA level education for less than 1% of the price."
Education Investment
Pending
Investors are paid through appreciation (asset value increase) or cash flow (income generated from ownership).
"There's two ways you can get paid as an investor. The way you get paid number one is through appreciation. Number two is through cash flow."
Investment Strategy
Pending
The current economic system is designed to keep the majority of people poor.
"Well, I think this system, our economic system is designed uh to keep the majority people poor."
Economic System
Pending