Grant Cardone Explains Debt to Kid
#motivationalvideo #success #money
My daughter Sabrina asked me to explain debt to her friend Logan—so here it is. I break down why bad debt is a trap for degenerates, how it leads to financial failure, and why you should never borrow for things that don’t cash flow. Be the lender, not the borrower. Learn how to play the game right. Watch now and get smart with money.
Topics I Talk About:
– The dangers of bad debt
– Real-life example of misusing debt on a condo
– High-interest hard money loans
– Why most borrowers end up broke
– Borrowing for liabilities vs. assets
– The importance of cash-flow-positive debt
– Why I’ve never paid interest from my own pocket
– The mindset shift: be the lender, not the borrower
00:01 – What Is Debt? A Lesson for Logan
I explain the basics of debt and why most people get it wrong.
00:33 – Example: $20M Condo Disaster
How misusing debt on a luxury condo leads to massive losses.
01:17 – The Degenerate Debt Spiral
Why people who misuse debt fall into a cycle of borrowing and losing.
01:52 – Be the Lender, Not the Borrower
How I use other people’s money and avoid paying personal interest.
“Be the lender, don’t be a degenerate!” LOGAN. 🔥🔥🔥🔥
𝕎ℍ𝔸𝕋 𝕊𝔸ℙℕ𝕌𝕄𝔹𝔼ℝ±𝟏𝟖𝟓𝟔𝟗𝟓𝟐𝟎𝟐𝟒𝟖🇱🇷🇱🇷🇱🇷👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼
文 非常感谢🙏🏻Big thanks 👍🏼👍🏼👍🏼 👍🏼👍🏼
Thought I would be the first to comment😂 , if Logan gets it, we all do , thanks for sharing Uncle G
𝕎ℍ𝔸𝕋 𝕊𝔸ℙℕ𝕌𝕄𝔹𝔼ℝ±𝟏𝟖𝟓𝟔𝟗𝟓𝟐𝟎𝟐𝟒𝟖🇱🇷🇱🇷🇱🇷👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼
文 非常感谢🙏🏻Big thanks 👍🏼👍🏼👍🏼 👍🏼👍🏼
Sitting! ❤
𝕎ℍ𝔸𝕋 𝕊𝔸ℙℕ𝕌𝕄𝔹𝔼ℝ±𝟏𝟖𝟓𝟔𝟗𝟓𝟐𝟎𝟐𝟒𝟖🇱🇷🇱🇷🇱🇷👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼
文 非常感谢🙏🏻Big thanks 👍🏼👍🏼👍🏼 👍🏼👍🏼
still holding $XAI81T from your first video, already up 3x 💰
$42k in profit off $XAI81T and the main bag still locked. listings coming hot 💼
Wow, the is biblical principle, “I am the lender not the borrower.” Good lessons..👍
𝕎ℍ𝔸𝕋 𝕊𝔸ℙℕ𝕌𝕄𝔹𝔼ℝ±𝟏𝟖𝟓𝟔𝟗𝟓𝟐𝟎𝟐𝟒𝟖🇱🇷🇱🇷🇱🇷👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼
文 非常感谢🙏🏻Big thanks 👍🏼👍🏼👍🏼 👍🏼👍🏼
I am at the beginning of my “investment journey”, planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good stock recommendation on great performing stocks will be appreciated….
As a beginner, it is essential that you have a mentor to help you stay accountable. In my case, Marc Andrew Zabicki has guided me for years and I highly recommend him. I focus on him. To be honest, I’m almost hesitant to let someone take charge of growing my finances, but I’m so glad I did. ❤
I managed to grow a nest egg of around $120k to over a Million just within 4 months. I’m especially grateful to Adviser Marc Andrew Zabicki, for his expertise and exposure to different areas of the market.
well i am at $4.5 mil. Biggest positions PLTR, TSLA, SCHD, NVDA,BTC and now looking to build up DRGO alongside finding quality value & growth stocks to buy. I got $54k divs last time in taxable divs. Q2 taxable divs this year was $16,526 . don’t sell when the market is down..
Marc Andrew Zabicki has made an incredible impact on the trading community. His guidance and expertise have helped countless individuals achieve their financial goals and his contributions have set a new standard for excellence in the industry. We’re truly grateful for his dedication and hard work, and I’m sure his legacy will continue to inspire others for years to come..
how would you suggest i enter the crypto market? I am also looking at studying pro traders and using their strategy rather than investing myself . What’s your take on this approach? and How can i reach him please??
XAI4114K 200X IN 10 YEARS – so likely another 200x in 10 years=$20 MILLION/XAI4114K!!! So getting 1/10 XAI4114K $10k today might turn into $2M in 10 years – if one can hold through all the volatility.
The importance of community governance in XAI4114K cannot be overstated.
I bought my house straight out with cash. No mortgage…. whatever that is. Never borrowed any money. I never will for anything.
Why you got to put GB in the video. I just think it’s just pointless
The scary part? Once you read Lost Scrolls of Jewish Wealth, you realize how much of your life you’ve been wasting. But the good part? It’s not too late to change.
I don’t think people realize how powerful self-education can be until they read something like Lost Scrolls of Jewish Wealth. This is what real growth looks like.
The book Hidden Codex of Wealth by Dorian Caine feels forbidden for a reason—it reveals financial strategies the average person isn’t meant to learn. I get why it’s controversial now.
Hidden Codex of Wealth by Dorian Caine made me rethink everything society taught me about money. Feels almost illegal knowing this stuff—probably why it’s hidden from you.
I used to think knowledge like this was reserved for the elite. But then I found the book Lost Scrolls of Jewish Wealth, and everything changed.
80% TURBO 14% XAI74Z 2% FLOKI 2%BONK 2%PEPE 🎉
Where to buy XAI74Z pls
Imagine the democrats saying someone is giving the president elect ideas and telling him what to do. You really can’t make this stuff up.
The unsuddle shade😂