Episode 71: Don't Hate The Player, Don't Hate The Game - Why the Wealthy Pay Less in Taxes than the Middle Class & How You Can Too
02/11/21 • 45 min
It's a well known fact that the wealthy pay significantly less in taxes than the middle class does, Jeff Bezos & Amazon, Reed Hastings & Netflix, Warren Buffet & Berkshire Hathaway, are all worth billions and pay less in taxes than you do. How can this be possible? Is it a coincidence?
Of course not, there are no such things as coincidences. These people are playing a different money game that has different rules than the game most people play. In this week's episode Alex dives deep into why folks like these pay little to nothing in taxes, why the system is set up that way, and how you can do the same.
If you enjoyed this episode please rate it 5 STARS on Apple Podcasts, share it with anyone you think should hear it, and subscribe to our podcast!
If you're looking to get started investing in real estate, check out the real estate course, How to Acquire Your First Flip or Rental Property: https://gum.co/firstrealestatedeal
You can learn more about us and order your Money Monopolizers merchandise at www.moneymonopolizers.com
Be sure to follow us on social media!
Instagram: @moneymonopolizers
YouTube: Money Monopolizers
Twitter @TheMonopolizers
It's a well known fact that the wealthy pay significantly less in taxes than the middle class does, Jeff Bezos & Amazon, Reed Hastings & Netflix, Warren Buffet & Berkshire Hathaway, are all worth billions and pay less in taxes than you do. How can this be possible? Is it a coincidence?
Of course not, there are no such things as coincidences. These people are playing a different money game that has different rules than the game most people play. In this week's episode Alex dives deep into why folks like these pay little to nothing in taxes, why the system is set up that way, and how you can do the same.
If you enjoyed this episode please rate it 5 STARS on Apple Podcasts, share it with anyone you think should hear it, and subscribe to our podcast!
If you're looking to get started investing in real estate, check out the real estate course, How to Acquire Your First Flip or Rental Property: https://gum.co/firstrealestatedeal
You can learn more about us and order your Money Monopolizers merchandise at www.moneymonopolizers.com
Be sure to follow us on social media!
Instagram: @moneymonopolizers
YouTube: Money Monopolizers
Twitter @TheMonopolizers
Previous Episode
Episode 70: Budgeting for Financial Freedom - Best Strategy for Allocating Your Income Towards Savings & Investments
A question we're often asked is "what percentage of your income should be allocate towards savings and investments?"
Today we go back to the basics and lay the foundation for using budgeting strategies, such as the Zero Sum Budget, to intentionally allocate every last penny of your money to the accounts that are right for you. We also give our takes on what we did in the beginning of our financial freedom journey to save $12,000 within 6 months!
If you'd like to download the Zero Sum Budget Spreadsheet, visit moneymonopolizers.com/budget.
If you enjoyed this episode please rate it 5 STARS on Apple Podcasts, share it with anyone you think should hear it, and subscribe to our podcast!
If you're looking to get started investing in real estate, check out the real estate course, How to Acquire Your First Flip or Rental Property: https://gum.co/firstrealestatedeal
You can learn more about us and order your Money Monopolizers merchandise at www.moneymonopolizers.com
Be sure to follow us on social media!
Instagram: @moneymonopolizers
YouTube: Money Monopolizers
Twitter @TheMonopolizers
Next Episode
Episode 72: You Can't Google This - How to Start ANY Business With None of Your Own Money Using Business Credit with DeAngelo Watson
The difference between the wealthy and everyone else, is that the wealthy operate on different information. Information, not money, is they difference between you being middle class and you being wealthy.
In this episode DeAngelo Watson gives the game that wealthy people utilize in business. He dives into the ins and outs of business credit, how you can start a business with none of your own money using business credit, how you can even make money in the credit repair business, and how you can open a business credit card and get paid to use it.
Check him out on Instagram @ello_theplug and be sure to check out his courses here: https://linktr.ee/ello_theplug
Let him know we sent you!
If you enjoyed this episode please rate it 5 STARS on Apple Podcasts, share it with anyone you think should hear it, and subscribe to our podcast!
If you're looking to get started investing in real estate, check out the real estate course, How to Acquire Your First Flip or Rental Property: https://gum.co/firstrealestatedeal
You can learn more about us and order your Money Monopolizers merchandise at www.moneymonopolizers.com
Be sure to follow us on social media!
Instagram: @moneymonopolizers
YouTube: Money Monopolizers
Twitter @TheMonopolizers
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