Episode Summary: In this episode of "Money Grows On Trees: The Podcast," host Lloyd Ross delves into the intriguing world of home equity and how you can potentially leverage it to grow your wealth. With real-life examples and practical insights, Lloyd dispels common misconceptions and outlines crucial steps to consider before making any financial moves involving home equity. Whether you're a homeowner wondering about the current value of your property or an investor seeking smart strategies, this episode offers valuable lessons to sharpen your financial acumen. Don't miss out on learning how to make informed decisions with your home's value! Listen now for expert guidance on navigating the complexities of home equity. Timestamps and Key Sections: 05:56 Insufficient cash flow leads to financial crisis. 06:50 Caution when investing in property is advised. 10:03 Understand details, finances, then leverage sensibly. Who is The Millionaire Money Mentor, Lloyd Ross: Lloyd James Ross serves as the Founder and Director of Money Buys Happiness LLC, a prominent company specializing in financial education, coaching, and engaging events.   With a remarkable track record of entrepreneurial success spanning various industries, Lloyd has attained the highest echelons in both network marketing and digital marketing.    He is celebrated as a 2-Comma Club Award Winner by Clickfunnels.com and holds the distinguished title of Legacy Club Millionaire with Isagenix LLC.    Moreover, he’s the esteemed host of the critically acclaimed podcast, “Money Grows On Trees,” which boasts over one hundred 5-star reviews, and aims to achieve one million downloads by the end of 2024.   Lloyd is a seasoned international platform speaker, captivating audiences of 7,000+ worldwide with his inspiring keynote presentations.  Beyond his professional endeavors,  Lloyd is a devoted husband to his beloved wife, Alisha, and proud father of a charming sausage dog named Elvis.    During his leisure moments, he immerses himself in writing books, globetrotting, and skillfully managing a personal multi-million-dollar share portfolio.   For more insights into Lloyd’s world, explore his latest book at 👉 http://moneybuyshappinessbook.com You can also tune into his award-winning podcast on Spotify here 👉 https://spoti.fi/3KLSsvg Stay updated with his adventures on Instagram by following @lloydjamesross. SEO Keywords: money grows on trees, podcast, practical money lessons, financial goals, home equity, leveraging home equity, real estate boom, Australia, United States, property investment, cash equity, mortgage, capital structure, principal place of residence, property depreciation, financial crisis, debt management, interest rates, bank loans, financial journey, investing, borrowing, leveraging, rent yield, property growth, net worth, financial independence, happiness optimization, financial planning, financial education, financial advice. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The material in this publication is of the nature of general comment only and does not represent professional advice. The author does not hold an Australian Financial Services License and is not licensed to provide financial advice. As such, this material is not intended to provide specific guidance for particular circumstances. It should not be relied on as the basis for any decision to take action or not take action on any matter it covers. Listeners should obtain professional advice, where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication. This podcast is produced by Phil Better Inc.