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 [...]

Do you still have a mortgage on your home? If you’re like most people I’m guessing you do. However, most people aren’t wealthy. There are many myths about why you should keep your mortgage. I’m going to dispel them in this article.
Before we get started, let me just say that I [...]