Not all debt is created equal. Richards discusses when borrowing makes sense (such as for a reasonable mortgage) and when it becomes a trap (such as high-interest credit card debt). He also shares a compelling personal anecdote: "The best investment I ever made" was borrowing and spending wisely, referring to the house he bought that ultimately taught him more about his own limits than any financial textbook ever could.
您有了明确的目的地（Why），下一步需要明确自己当前的“位置”。这是许多人在理财过程中最容易忽视的环节。理查兹发现，大多数人其实并不清楚自己当下的真实财务状况。他说，估算自己的位置其实很简单：只需拿出纸和笔，计算一下（储蓄、房产、投资账户等）与 负债 （房贷、车贷、信用卡账单）的差额。 Not all debt is created equal
Write down your core value at the very top of your page. Step 2: Face Your Current Reality Calculate Your Net Worth Your net worth is
To get where you want to go, you need an honest look at where you stand today. This step requires listing two critical numbers: your net worth and your cash flow. Calculate Your Net Worth Your net worth is a snapshot of your financial health. : List what you own (cash, investments, home value). Not all debt is created equal