Good Debt vs Bad Debt: 5 Lies Your Parents Told You About Money (What Rich People Actually Do)

#GoodDebt #BadDebt #PersonalFinance #WealthBuilding #FinancialAdvice Your parents gave you financial advice that made perfect sense in their time—but it's quietly destroying your wealth today. In this video, I break down 5 pieces of traditional money advice that no longer work in today's economy, including why saving money in a bank account is making you poorer, why avoiding all debt keeps you broke, and why staying loyal to one company costs you over $700,000 in lifetime earnings. I'll show you the real math, expose the wealth gap these outdated strategies create, and give you 3 actionable steps to start building wealth the way rich people actually do it. If you're a millennial struggling financially despite doing everything "right," this video will change how you think about money forever. The rules changed—it's time your strategy did too. #MoneyTips #FinancialFreedom #MillennialMoney #DebtStrategy #WealthMindset