What The 2008 Financial Crash Should’ve Taught Us About Debt

Get a 10-Day Free Trial of Market Insiders: https://theminoritymindset.com/Market-Insiders . . 2018 is the 10 year anniversary for the real estate and financial meltdown of 2008. Here's what we should've learned about easy access to debt. Subscribe To Our Channel: http://bit.ly/M2YouTube 🚨Read Our FREE eBook🚨 Get Richer Sleeping - Investing 101: http://bit.ly/m2InvestingeBook What The 2008 Real Estate Crash Should’ve Taught Us About Easy To Get Debt 0:10 - 2018 is the 10 year anniversary for one of the biggest debt crisis of time 1:08 - A major cause of the last debt bubble was easy access to lots of debt 2:08 - The result of the real estate crash 2:48 - The cost of student loan debt 3:32 - Banks are in the business of lending money 4:23 - Amount of outstanding student debt has broke an all time high 4:57 - The cost of credit card debt 5:30 - No checks or verification of your income on your credit card application 6:34 - Use the perks and bonuses to your advantage 7:01 - What happens if people over leverage too much 7:54 - When things are good and growing we tend to believe that things will grow forever What Is The Minority Mindset? The Minority Mindset has nothing to do with the way you look or what kind of family you're from. It's a mindset. Give the majority $200 and they will come back with a pair of shoes. Give the minority $200 they will come back with $2,000. Think from the mindset of a consumer and be the provider, that's the Minority Mindset. Don't be the majority. #MIH #ThinkMinority #FinancialLiteracy Twitter: @M2JaspreetSingh Personal Instagram: @M2JaspreetSingh Instagram: http://www.Instagram.com/MinorityMindset Facebook: http://www.Facebook.com/MinorityMindset See more & read our blog! http://www.TheMinorityMindset.com This Video: https://youtu.be/BKNEJXy7oYI Channel: https://www.youtube.com/MinorityMindset Video host: Jaspreet Singh