Derek Moneyberg
👤 SpeakerAppearances Over Time
Podcast Appearances
I don't have a lot of debt.
I don't like to have a lot of debt because it's mathematically impossible to go bankrupt if you don't have debt.
That's true.
It's impossible to go bankrupt.
You at home should write that down.
It's impossible to go bankrupt if you don't have debt.
So do you use credit cards?
I mean, I pay it off every month.
Yeah, I use credit cards.
I pay the bill every month.
All right.
I mean, I have normal mortgages, but even in properties I own, I don't have a lot of debt on it.
No, you know, some people criticize that, and fairly, and fairly.
This is a personal preference, in my opinion.
I grew up poor.
And, you know, I grew up in a small house, 800 square foot, which was, my mom was a hoarder.
My dad was a hoarder.
The house was packed with stuff.
My dad was in prison.
So at least his stuff wasn't there.