‘debt’ Archive

Good Debt Vs. Bad Debt June 23, 2009 No Comments

Good debt?  There is such thing as good debt? The answer to this question depends on your willingness to work.  For most people, there is such a thing as good debt.  For those same people, “bad debt” is also a term with a specific definition.  Once you can distinguish between the two, you will see [...]

Why do we spend so much? May 21, 2009 No Comments

I was reading an interesting article today about spending. People are looking into the psychology of spending. That is, we buy things all the time, mostly things we don’t need, so why do we buy them? It is a very good question, and the answer is interesting. Turns out it is all about control. Humans [...]

The Dangerous Debt Dragon March 26, 2009 1 Comment

Once upon a time, in a land extremely close to home, there lived a man who had a lot of debt.  He had once decided to go out and spend money he didn’t have by putting everything he bought toward credit.  He liked to buy anything and everything he thought he needed and was all-too-often heard saying, [...]