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Good debt vs. bad debt: Why how you borrow matters
Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it plays a big role in how it impacts your finances. Bad debt is usually ...
The Federal Reserve Bank of New York reported U.S. household debt increased to $17.5 trillion in the fourth quarter of 2023. Credit card debt, mortgages and auto loans led to those debt figures. But ...
Figuring out when to take out a loan, pay cash, use leverage, or pass when something isn't affordable. Unpacking good vs bad debt. Myth: you should always pay cash if you can. Fact: investors should ...
Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it plays a big role in how it impacts your finances.
We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Contrary to popular ...
The average interest rate on a bank credit card is currently 21.5%. That’s the highest level since the Federal Reserve started tracking the data in 1994, according to The Associated Press. Do you have ...
Many people view debt as a bad thing, but if you use it properly, it can move you closer to your financial goals. Real estate investor and financial influencer Graham Stephan recently explained in an ...
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What’s a healthy level of business debt?
Using business debt judiciously can be an excellent way to grow your company. However, when utilized poorly, debt can irreparably harm your organization. Understanding the difference between good and ...
Robert Kiyosaki has a net worth of around $100 million. He got there by making prudent investments and creating one of the most popular financial brands of the last few decades — “Rich Dad Poor Dad.” ...
Your debt-to-income ratio is an important financial number to know. Not only can it affect what loans and other financial products you qualify for, but it can influence your interest rate — or what ...
Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...
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