Comments on: Good Debt vs. Bad Debt

By: tax lawyer

tax lawyer — Wed, 21 Jul 2010 03:51:09 +0000

Thanks for the information. The IRS Sucks but what can you do? You gotta pay it. Nice template too.

By: Used Cars Bad Credit

Used Cars Bad Credit — Thu, 15 Jul 2010 00:07:13 +0000

I think many people acquire what they hope will be good debt (i.e. starting a business) based on the hope that the purchase will in the long run bring them more money. But in a large percentage, the asset just causes them to lose more money.

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horror dvd collection — Thu, 20 May 2010 08:40:35 +0000

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By: Robert

Robert — Tue, 22 Jul 2008 14:08:21 +0000

AZ Blogging, thanks for the comment. I think not paying a debt makes a bad debt a REALLY bad debt.

By: AZ Blogging

AZ Blogging — Mon, 21 Jul 2008 23:48:35 +0000

At times, just the willingness (alone) to a pay a debt can define it as good or bad. Some people generally just have the temperament of not willing to pay a debt, and therefore allow the interest grow as much as possible. AZ Bloggings last blog post..Do You Comment on Non-SezWho Blogs?

By: Robert

Robert — Mon, 21 Jul 2008 21:29:09 +0000

It is, indeed, a cultural concept (i.e., that all debt is bad). But it isn’t. Without debt, it would impossible to build wealth quickly, or at an accelerated pace.

By: Hugo Santos

Hugo Santos — Mon, 21 Jul 2008 19:07:43 +0000

hum never thought in this way. it is almost cultural the idea of debt being always bad. Hugo Santoss last blog post..The new bloggervenue.com logo!