There Are Many Forms of Leverage
- One of the recognized forms of leverage is the leverage of borrowing money. Millions of people struggle financially because the power of debt leverage is used against them. Many people now fear this form of leverage because of the consequences of the abuse of debt leverage.
- Instead of fearing the power of debt leverage, use it in your favor.
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If you do not plan on working hard all your life, this book is for you.
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3 Positions of Leverage
Leverage is a force multiplier for your judgment. 3 options:
- Labor: making other humans working for you. It is the oldest form of leverage, and actually not a great one in the modern world. Because managing other people is incredibly messy.
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Advantages of Personal Loans
- Personal loans are flexible forms of credit where they can help you reach various financial goals.
- They allow the borrower to use it in every situation imaginable like emergency expenses or debts that you might have.
- Personal loans ca...
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