Financing and debt
January 24, 2019
I’m Miriam Neff-with STARTING OVER FINANCIALLY,-and I’m Valerie Neff Hogan, and we’re here to talk about money
M Two decades ago, accumulating debt for home mortgages, an automobile, educational costs, and a business was wise. Things change.
Home ownership was once a source of growing worth, no longer. Fluctuations, downturns, and location conditions may make that a poor choice.
V Financing that car, salespeople tempt with a low monthly cost, spread out over more months than the car will survive. Education is no longer that guarantee for a job that enables you to pay the debt, Today student loans are the second greatest debt, behind mortgages and more. Incurring debt to start a business is more complex.
M. Its biblical to calculate carefully, avoid debt if at all possible. Delay and save.