Active Life, Passive Income

Why Being Debt Free Should Not Be Your Goal

Episode Notes

In this episode, Nate discusses:

• Why debt gets a bad rap. 
• Bad debt versus good debt. 
• Knowing what you need to live your dream. 
• Getting creative with buying your rental properties. 

Key Takeaways:

• Your house is only 25% of your debt. Paying it off, will only reduce your expenses, not increase your life.
• Focus on buying rentals rather than paying off your debt.
• Entry-level houses are the most rentable and the best cash flow. 

"I challenge you today, to go home, figure out exactly how much monthly income it's going to take for you to live the dreams that you have to have the lifestyle of traveling and enjoying yourself, exploring the world, whatever your goal may be." —  Dr. Nate Lambert

Connect with Dr. Nate Lambert:

Website: ActiveLifePassiveIncome.com     

Book: Active Life, Passive Income

Show: ActiveLifePassiveIncome.com/Episodes

Email: Nate@ActiveLifePassiveIncome.com

Facebook:  facebook.com/Active-Life-Passive-Income-102699594994762

YouTube: youtube.com/channel/UC--vkBu2-54tS0cZ-IxCLNQ

LinkedIn: linkedin.com/in/natemlambert

Instagram: instagram.com/natemlambert

Show notes by Podcastologist: Chelsea Taylor-Sturkie

Audio production by Turnkey Podcast Productions.

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