Why the Rich Love Debt (And You’re Taught to Fear It) | Ep 140
Wed Feb 04 2026
If credit feels stressful, confusing, or risky, James Jiang breaks down exactly why — and how to flip it.
In this episode, I sit down with James Jiang, a credit expert who explains how credit actually works behind the scenes — and how people quietly sabotage themselves without realizing it. No hype, no gimmicks. Just real clarity.
In this episode, you’ll learn:
1. Why “playing it safe” with credit can actually hurt you
2. How to use credit to increase leverage instead of stress
3. The biggest credit myths keeping people stuck
4. What really impacts your credit score (and what doesn’t)
5. How to think about credit like high-level investors do
6. Simple moves to clean up and optimize your credit strategy
This episode is for you if:
1. Credit feels intimidating or overwhelming
2. You’ve made mistakes and want a smarter reset
3. You want to build wealth without financial anxiety
4. You’ve been told “debt is bad” but feel like there’s more to it
Watch with an open mind — this one might change how you see money altogether.
CATCH JAMES HERE:
www.instagram.com/james_jiang__/
www.lfscredit.com
www.debt2dollars.co/inner-circle
STAY CONNECTED:
https://www.instagram.com/the1percent_podcast/
https://www.facebook.com/the1percentpodcast/
http://tiktok.com/@the1percent_podcastPodcast
WANT TO CONNECT TO OUR HOST?
Vin:
Email: Vincentinfante.life
Instagram: https://www.instagram.com/vin.infante/
Shane:
Email: Shane@thevagroup.com
LISTEN ON OTHER SITES
Spotify: https://bit.ly/3HtT10C
Apple Podcast: https://bit.ly/3HtT10C
0:00 Intro
1:29 Meet James
3:22 What Credit Really Is
5:28 Skills That Create Financial Freedom
7:18 How Wealthy People View Credit
9:04 Using Bank Credit to Scale a Business (Lamborghini Example)
11:37 Bankruptcy, Credit, and Business Moves
13:03 Real Results and Investment Proof
14:23 Diversifying Deals and Opportunities
15:18 Mentors, Community, and Support
16:37 Access to Powerful Networks
18:23 Why Networking Matters
20:04 Trust, Growth, and Building Something Bigger
22:04 Giving First, Hustle, and Taking Action
23:02 Hard Work and Lifestyle Goals
23:37 Mindset, Emotions, and Staying Stuck
24:40 Rich Fast vs Rich Forever
25:31 Playing the Long Game
26:10 Risk, Decisions, and What-If Thinking
26:49 Using Credit Without Stress
28:08 Embarrassing Moments That Drive Growth
29:08 Using Credit the Right Way (Vince Story)
30:11 Using Credit the Right Way (Continued)
32:47 Failing Forward as an Entrepreneur
34:31 Pressure to Succeed Fast
35:27 Bad Partners and Hard Lessons
38:13 The “1% Life” Explained
44:14 Outro
More
If credit feels stressful, confusing, or risky, James Jiang breaks down exactly why — and how to flip it. In this episode, I sit down with James Jiang, a credit expert who explains how credit actually works behind the scenes — and how people quietly sabotage themselves without realizing it. No hype, no gimmicks. Just real clarity. In this episode, you’ll learn: 1. Why “playing it safe” with credit can actually hurt you 2. How to use credit to increase leverage instead of stress 3. The biggest credit myths keeping people stuck 4. What really impacts your credit score (and what doesn’t) 5. How to think about credit like high-level investors do 6. Simple moves to clean up and optimize your credit strategy This episode is for you if: 1. Credit feels intimidating or overwhelming 2. You’ve made mistakes and want a smarter reset 3. You want to build wealth without financial anxiety 4. You’ve been told “debt is bad” but feel like there’s more to it Watch with an open mind — this one might change how you see money altogether. CATCH JAMES HERE: www.instagram.com/james_jiang__/ www.lfscredit.com www.debt2dollars.co/inner-circle STAY CONNECTED: https://www.instagram.com/the1percent_podcast/ https://www.facebook.com/the1percentpodcast/ http://tiktok.com/@the1percent_podcastPodcast WANT TO CONNECT TO OUR HOST? Vin: Email: Vincentinfante.life Instagram: https://www.instagram.com/vin.infante/ Shane: Email: Shane@thevagroup.com LISTEN ON OTHER SITES Spotify: https://bit.ly/3HtT10C Apple Podcast: https://bit.ly/3HtT10C 0:00 Intro 1:29 Meet James 3:22 What Credit Really Is 5:28 Skills That Create Financial Freedom 7:18 How Wealthy People View Credit 9:04 Using Bank Credit to Scale a Business (Lamborghini Example) 11:37 Bankruptcy, Credit, and Business Moves 13:03 Real Results and Investment Proof 14:23 Diversifying Deals and Opportunities 15:18 Mentors, Community, and Support 16:37 Access to Powerful Networks 18:23 Why Networking Matters 20:04 Trust, Growth, and Building Something Bigger 22:04 Giving First, Hustle, and Taking Action 23:02 Hard Work and Lifestyle Goals 23:37 Mindset, Emotions, and Staying Stuck 24:40 Rich Fast vs Rich Forever 25:31 Playing the Long Game 26:10 Risk, Decisions, and What-If Thinking 26:49 Using Credit Without Stress 28:08 Embarrassing Moments That Drive Growth 29:08 Using Credit the Right Way (Vince Story) 30:11 Using Credit the Right Way (Continued) 32:47 Failing Forward as an Entrepreneur 34:31 Pressure to Succeed Fast 35:27 Bad Partners and Hard Lessons 38:13 The “1% Life” Explained 44:14 Outro