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<blockquote data-quote="Brute 23" data-source="post: 1710058" data-attributes="member: 6291"><p>He lays out a plan to mortgage homes. He does not say you have to pay cash for your home. </p><p></p><p>You have to look at the big picture he is trying to teach. No consumer debt, savings, and not using debt as a crutch for every little thing. </p><p></p><p>If you have no debt other than your house/ land payment, have money going in to savings and retirement you are good. </p><p></p><p>Most people just don't want to make the sacrifices in the now to save cash. That's a mentality they have to break. The spend along until the want or need some thing and just get a loan and figure out where to get the money from after. </p><p></p><p>Again, he is teaching to people who are in trouble so he can't give any slack. It's like telling an alcoholic... just have one beer in the evening... it won't work. If you do what he says, get organized with budgets and plans, understand why, then when you get in good shape you can vary a little from the line with buying assets or a single stock or some thing.</p></blockquote><p></p>
[QUOTE="Brute 23, post: 1710058, member: 6291"] He lays out a plan to mortgage homes. He does not say you have to pay cash for your home. You have to look at the big picture he is trying to teach. No consumer debt, savings, and not using debt as a crutch for every little thing. If you have no debt other than your house/ land payment, have money going in to savings and retirement you are good. Most people just don't want to make the sacrifices in the now to save cash. That's a mentality they have to break. The spend along until the want or need some thing and just get a loan and figure out where to get the money from after. Again, he is teaching to people who are in trouble so he can't give any slack. It's like telling an alcoholic... just have one beer in the evening... it won't work. If you do what he says, get organized with budgets and plans, understand why, then when you get in good shape you can vary a little from the line with buying assets or a single stock or some thing. [/QUOTE]
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