Archive for the ‘Finance-Articles’ Category
Leveraging Liabilities & Staying Debt Free
May 4th, 2009 Posted by: admin
You’re taught in America that your home is your biggest asset. If that’s true, why do so many Americans fail to utilize their home as an income-producing asset? The answer is because so many of us are limited by misunderstandings about debt. When we understand the correct definition of debt, we are able to unleash unutilized potential to increase our production.Can you give a clear definition of debt? We’re taught by financial pundits and religious leaders to avoid debt, but do we even know what debt is? How can we avoid something when we don’t know what we’re trying to avoid? The most common definition of debt is any borrowed money, which is false. My friend Les McGuire, who spoke Read the rest of this entry »
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