• #210 - $500k Cash Or No Bills For Life?

  • Feb 24 2025
  • Duración: 12 m
  • Podcast

#210 - $500k Cash Or No Bills For Life?

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  • Resumen

  • In this episode, host Lloyd James Ross, a seven-figure investor and entrepreneur, explores intriguing financial choices through a fun and engaging format. He presents two options—$500,000 cash or no bills for life—and dives into the implications of each choice. Lloyd breaks down the average monthly expenses, illustrating how opting for no bills could save about $50,000 a year. He emphasizes the importance of opportunity cost and the need to wisely invest any lump sum to generate cash flow that covers expenses. Tune in for valuable insights on financial freedom, investment strategies, and how to shift from old money habits to a prosperous mindset!

    Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com

    Follow Lloyd:

    https://www.instagram.com/lloydjamesross/?hl=en

    https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au

    https://www.facebook.com/5stepstomillions/

    https://www.tiktok.com/@lloydjross

    https://x.com/lloydjamesross

    Timestamps

    [00:00:00] Introduction

    [00:00:31] No bills for life.

    [00:03:51] Retirement at age 35.

    [00:07:26] $25 million vs. debt-free home.

    [00:10:50] Choosing between financial options.
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