“Good Debt” includes loans with low interest rates, such as home loans. Since the value of a home presumably appreciated over time, the debt helped the borrowers to work towards building wealth. “Bad Debt” on the other hand includes credit card loans, or loans taken out to pay for things that current cash reserves couldn’t cover. The value of the product purchased with the credit card immediately depreciates upon purchase, while the money placed on the credit card immediately begins to accrue interest. Discover the myth of debt at www.finance.yahoo.com/news/myth-good-debt-170611202.html

 

Visit www.debtbreaker.co.nz to learn and practice how to become debt free.

 

Time is money. If your hourly income is more than what you would pay for someone else to clean the house, walk the dog or mow the lawn, then hiring some help makes financial sense. There is a fine line between miser and smart spender. Learn the 10 thrifty ideas for smart ways to spend more without feeling guilty at www.finance.yahoo.com/news/10-ways-to-save-money-by-spending-more.html
Visit the site www.debtbreaker.co.nz  to learn more financial advice in Patearoa, New Zealand.

 

The mind is a powerful tool, especially when it comes to spending and saving. Tricking yourself into thinking differently about your finances can make a huge difference in handling your finances. Discover how you can turn your behavioural weaknesses into assets rather than liabilities at www.finance.yahoo.com/news/trick-yourself-saving-more-124800835.html

 

Visit the site www.debtbreaker.co.nz to discover how to get financial advice | Frankton, New Zealand.

 

Other related posts that you will find interesting: