Be Wealthy & Smart | Money | Millionaire | Personal Finance | Invest | Stock Market | Mindset | Entrepreneur | Investing

Learn Why Mansions Are the Result Not the Cause of Wealth Have you checked out the Creating Wealth podcast yet with Jason Hartman? It’s full of amazing information and over 700 podcasts about real estate investing. If you like this podcast, you’ll like that one too. http://bit.ly/wealthpod Listener question: If it is about not buying too expensive but buying smart, then why are billionaires and millionaires buying 40/50 million dollars houses, yachts, cars?? Dave Good question. I can see why it’s confusing. You might think that’s how they are getting rich, by buying huge mansions. The ability for the to afford a mansion came after they built their wealth, it’s not the way they built their wealth. Just like athletes sometimes get huge contracts and then buy a big mansion, their athletic prowess is what made them their wealth. Or a Hollywood actor or actress buying a huge mansion. Buying a $50 million dollar house is not what made them rich. Now that they are rich, they may want to enjoy it by buying a trophy