I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity under the name of funding, is but swinding futurity on a large scale"..... Thomas Jefferson The average American househood with credit card carries more than $15,000 in credit card debt, according to Debt.org. Latest post: what to do if behind with rent Add to that &1.2 trillion (and growing) in student loan debt, sprinkled in car loans, and medical debt, and we've got ourselves an issues. But in most cases those 15.000 thousand dollars was borrowed simply for consumption. A vacation, jewelry,or be shoes, and even for emergency funds for things you simply don't have the cash to cover. And all these are bad debts because it doesn't make you richer instead poorer. But on the other hand is good debt, debt that puts money in your pocket each month. It makes you richer. It is used to purchase things like investing in
We exit to help you succeed in three of your most important relationships in life, God, money and people
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