When borrowing money (and this specifically includes spending on credit cards), you must understand whether you are incurring a good debt or a bad debt.  Good debt will help you to grow financially, whereas bad debt will eat into your income and resources and you will be left with nothing to show for it.  
Please email me your thoughts and comments at simplefinancelessons@gmail.com

When borrowing money (and this specifically includes spending on credit cards), you must understand whether you are incurring a good debt or a bad debt. Good debt will help you to grow financially, whereas bad debt will eat into your income and resources and you will be left with nothing to show for it. Please email me your thoughts and comments at simplefinancelessons@gmail.com

When borrowing money (and this specifically includes spending on credit cards), you must understand whether you are incurring a good debt or a bad debt. &nbsp;Good debt will help you to grow financially, whereas bad debt will eat into your income and resources and you will be left with nothing to show for it. &nbsp;
Please email me your thoughts and comments at simplefinancelessons@gmail.com

Good debt and Bad debt!

These are simple and interesting stories and lessons from the world of finance. Some are from my own experiences and some are things learnt from others. Students of finance and young adults unfortunately learn certain things the hard way. What I am trying to do is to bring forth some thoughts that we should all be aware off. Even people with more than 20 years of finance experience make silly mistakes for a variety of reasons, and this ends up costing them time and money, along with frustrations.  But by then its too late!  You need to act at the outset, not after the die is cast.

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These are simple and interesting stories and lessons from the world of finance. Some are from my own experiences and some are things learnt from others. Students of finance and young adults unfortunately learn certain things the hard way. What I am trying to do is to bring forth some thoughts that we should all be aware off. Even people with more than 20 years of finance experience make silly mistakes for a variety of reasons, and this ends up costing them time and money, along with frustrations. But by then its too late! You need to act at the outset, not after the die is cast.

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Good debt and Bad debt!

Good debt and Bad debt!