Managing Debt

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Posted September 20th, 2009 by admin
Filed under: Money, Wealth

surprisedMost folks have some sort of debt.  There is “good debt” and there is “bad debt”.  Good debt is normally associated with debt that is taken on to invest in some sort of asset that generates income and/or increase in value/worth in excess of the debt load.  For example, if you purchase a rental property with debt and that rental property generates positive cash flow, it is considered good

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Money Defined

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Posted September 19th, 2009 by admin
Filed under: Money

money

Money is anything that is generally accepted as payment for goods and services and repayment of
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