30-day financing: smart use of credit and interest-free OPM
Real Estate

30-day financing: smart use of credit and interest-free OPM

Credit cards allow anyone to access 30 days of financing without interest. Pay your balance every month and you will have access to OPM, Other People’s Money. Actually, even if you don’t pay for it, you do get access, but along with additional challenges, which we’re not discussing here!

They say that using OPM is the way of the big investors, the rich. And you have the same opportunity on a small scale. If you can find opportunities that produce a return in a short period of time or that require short-term ‘bridge financing’; you have that option of no interest, with credit cards.

Don’t allow yourself to be dependent on money for an extended period of time. This is short-term financing only. If you need funds for longer periods, other forms of financing must be secured.

The value of having cash on hand allows you to take advantage of this money to invest, buy real estate or grow a business. Even start a business.

They say you need money to make money. Well, here is a source of money. Be carefull with that. Use it wisely and even cautiously. Somehow it may be too easy to access.

Have a clear idea of ​​how you will spend the money. What level of risk are you taking and, more importantly, your exit strategy. What will you do if something goes wrong, what is your contingency plan?

All that to say that you have access to 30 days of interest-free money. Know the dates and work wisely around them.

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