The Rich Man's Game Nobody Taught You || Masterminds Podcast EP72

Note: This episode was recorded before Elon Musk became a trillionaire. The net worth figures referenced reflect his valuation at the time of filming.Download Achieve By Petra – https://app.theachieveproject.com/PSL0001000Most people spend their entire lives chasing income. The wealthy are playing a completely different game — and nobody told you the rules.In this solo episode of the Masterminds Podcast, Richie Mensah breaks down the financial concepts that separate people who earn well from people who build real wealth. Net worth. Good debt vs bad debt. Cashback loans. Shareholder loans. Why wealthy people buy $200,000 watches and $10 million paintings. And how Elon Musk bought Twitter without spending a single cent of his own money. This is the episode most people will have to watch twice — because once you understand how this game works, you cannot unsee it.In this episode, you'll learn:Why your income is not your wealth — and what actually determines your financial positionHow to calculate your net worth and why it should be your financial scoreboardThe difference between good debt and bad debt — and why the wealthy love debtHow the cashback loan strategy works and why banks offer it to people with assetsWhy buying an expensive watch or a piece of art can be smarter than putting money in the bankHow Elon Musk bought Twitter using loans — not cash — and why that was intentionalHow the wealthy use debt to avoid paying taxes legallyWhy a person earning 5,000 cedis a month can get a loan faster than someone earning 50,000Support the show