Tuesday, October 08, 2013

Debt is spending

Debt can achieve things.  You can go into debt to spend on a house, a car, to fund a child's education or just to spend on someone special.  But debt is only appropriate if your income is more than your payments on that debt AND you can meet all other current expenses AND have money left over to save.  Debt is spending.  Always spend less than you take in.

0 Comments:

Post a Comment

<< Home