Quote:
Originally Posted by Xist
I got that small business loan Kevin told everyone to get, but when I read the fine print I couldn't use it, so I returned it in full. I keep receiving messages to start making payments, but I hadn't been able to log in and see what I owed.
I finally got in and it says that I owe $500 in interest. It looks like I returned my loan of $12,900.00 on 05/18/2021, with $12,426.85 going to principal, and $473.15 going to interest, leaving a balance of $473.15. I have accrued $25.86 on that and owe a grand total of $499.01.
So, take advice from poor people, not millionaires?
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Depends on how that millionaire made their money and whether or not they know anything about the topic they are giving advice on.
In the case of Meet Kevin - he makes his money selling the dream that anyone can become rich through real estate investing. According to a CNBC article on him he makes 96% of his income from YouTube and his YouTube money is funding his real estate business. He also tried to start a construction company doing home renovations and lost $1 million in 18 months before quitting and focusing back to what he knows - YouTube.
He would be one of the first people I would take advice from on how to make money on YouTube.
I wouldn't take advice on work / life balance from him. He works 12 hours a day 5 am to 5 pm.