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In a recentvideo, Rose covered eight wealth killers and his advice for how to avoid them.
Here are his eightthings that keep poor people broke.
Netflix Over Books
This isnt limited to just the entertainment streaming platform Netflix.
But that could cost you in the end.
However, he cautioned that most of the time, the market does not work like that.
Rose said thereal estate marketis insane and that prices, in some areas, more than double.
We have mortgage rates that are the highest they have ever been.
Mortgages are just the start, in Roses opinion.
Then there is the property tax, insurance and repairs, none of which are cheap.
Bottom line: You are not always throwing money away if you choose to rent, Rose said.
This is a side hustle that complements your current job … your current salary, Rose said.
Essentially, what you are creating is an insurance policy for your income, Rose said.
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