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Financially Simple Business


Jun 20, 2019

In episode 166 of Financially Simple, Justin considers how much as a Small Business Owner you should spend on buying a house.

Everyone wants to live comfortably, and some want to live luxuriously - but at what cost? Justin looks at the thinking and motivation of millionaires who live comparatively frugally, in order to maintain a secure life-style and health financial situation.

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TIME INDEX:

00:47 - How Much Should a Business Owner Pay for a House?

01:10 - How Millionaires Think

03:13 - A House is Not an Asset

06:16 - Some Facts and Figures

07:51 - Be Wary of Taking on a Huge Mortgage

10:13 - Millionaires Don’t Live Lavishly

15:37 - Wrap Up

 

RESOURCES:

Financially Simple Educational Website

Financially Simple on YouTube

Financially Simple podcasts are recorded on a Blue Yeti Microphone & Samsung Notebook 9.

The Ultimate Sale - A Financially Simple Guide to Selling Your Business for Maximum Profit

 

BIO:

Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.