Debt Public and Private
At what point is the debt going to matter, albeit personal debt or government debt. And although some think that centrals banks cannot go bankrupted since they owe the printing press, individuals might not have that option.
At what point is the debt going to matter, albeit personal debt or government debt. And although some think that centrals banks cannot go bankrupted since they owe the printing press, individuals might not have that option.
Those how have leverage in life get head faster. Whether it is mechanical leverage or leverage in negotiations. Think of it as just and extension to your current tools. Here of course we are talking about financial leverage.
I worked in the car business, although I was not as big of a crook/Sales person as the ones you see today. These are trained crooks not just be experience. The one thing you can count on though is things are always changing in every field.
This is almost the oldest question known to man kind, after the story of Adam and the apple. The answer is like everything else in life, it depends. But everytime I talked to a home owner they acted like you are crazy if you do not own a house. I am not saying you are… Read More »
Everyone gets mad at the credit card companies when they asses late fees or finance charges to their accounts. Some credit cards have finance changes that go up to 28% APR.
Have you ever thought about how long it takes to accumulate a million dollars? Let us run through couple of examples. Scenario 1 a person that just started a job that pays $50k (The median US income believe it or not, review page 6 of this report), and has $10K of savings and zero debt… Read More »