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Entries for the ‘Debt’ Category

Leverage can be intoxicating

I’ve never been a big fan of real estate, though I have written about the topic recently. Over the past few weeks I’ve considered the power of leverage in other areas besides real estate- such as my business. For the past 2 1/2 years I have been running a small business in my spare time. [...]

Popularity: 18% [?]

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Working today for what you bought yesterday

I’m tired of paying today for what I bought yesterday.  What am I talking about?  Well in a word, debt.  When I make monthly payments on my credit card, both cars, and mortgage, I am essentially paying for things I bought yesterday, last month, last year.  Instead of saving what I make today, I am [...]

Popularity: 26% [?]

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My Financial Priorities

Lately my financial obligations have been really bothering me.  When you add everything up, I pay out a lot of money towards debt each and every month.  Mortgage, two car notes, credit cards.  These all add up to a huge amount of money.  So, in the coming months, I’m going to focus more on eliminating [...]

Popularity: 24% [?]

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Debt holds you back

I am in debt.  Quite a bit of it when you add it all up.  Fortunately I don’t have any credit card debt that I pay interest on ( like a lot of people do ), but with 2 car loans, a mortgage, and a 0% credit card, it adds up.  The problem is [...]

Popularity: 20% [?]

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