Apr
23
Why Debt is Risky
April 23, 2008 | 1 Comment
Debt is bad because with debt comes risk. Debt is risky for businesses and people. Debt, if used correctly, can be powerful tool. However, in too many cases, debt is used improperly and the consequences are unhappiness, stress, bankruptcy and divorce.
Attitudes About Debt Have Changed
I’ve already talked about how our attitudes about [...]
Apr
22
Why Is Debt No Longer a Bad Thing?
April 22, 2008 | 1 Comment
I am not a fan of debt. Most of the good financial gurus will tell you to pay off your debt. Debt is a tool to use when there are no other options. Unfortunately, I think the attitude toward debt has changed for the worse.
The Debt Industry
There is a debt industry in [...]