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This episode of Investing in Real Estate is sponsored by SimpliSafe! SimpliSafe protects your whole home – every window, room and door – with 24/7 monitoring for just a fraction of the cost. There’s no contract, hidden fees or fine print. For free shipping and a 60-day risk-free trial, visit simplisafe.com/investing.

Wealthy people usually have a few things in common: the right mindset, passive income, and good spending habits. In fact, I’ve noticed five key areas in which most rich people refrain from spending money. These five categories are what truly separates the wealthy from the poor and middle class.

On this episode of Investing in Real Estate, I’m going to share 5 expenses rich people avoid. You’ll learn about spending habits, college debt, housing costs, and more. If you want to learn about emulating the habits of wealthy people, this episode is for you!

On this episode you’ll learn:

  • What you can learn from the way the founder of Sam Adams.

  • Why owning the home you live in is not the American Dream.

  • The difference between assets and liabilities.

  • Why wealthy people don’t usually have student loans.

  • How to calculate the ROI on a college degree.

  • The truth about social events hosted by wealthy people.

  • How to pay less in taxes.

Episode Resources
Quench Your Own Thirst by Jim Koch
Tax-Free Wealth by Tom Wheelwright
Why Owning the Home You Live in Is a Terrible Investment
Financial Freedom Academy
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.

Ready To Build Passive Income Through Rental Real Estate?


Ready to talk about your goals? We're here to show you the tools and teach you the process to begin earning legacy wealth for you and your family.


Posted on

November 2, 2019

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