Showing posts with label Debt Consolidation. Show all posts
Showing posts with label Debt Consolidation. Show all posts

Tuesday, January 11, 2011

Credit What is it

Credit cardsImage via Wikipedia Many people are in debt through the use of credit. I had a credit card that had a huge balance which brought me a huge debt. Is credit really an asset or liability? Credit and the debt there of has really brought this country to its knees. Credit can be a good thing if you know how to use it, but it can also be a liability if you don't use it right. I'm sure you have heard the term OPM or (Other Peoples Money) is a key to getting rich. Bad debt is what keeps you from getting wealthy. Wealth has been built on using other peoples money. Banks are in the business of loaning money and that usually comes through obtaining credit.

CREDIT REPAIR - info from the Credit Secrets Bible

Free report at: http://www.csbcards.com/ - (*24hr Recorded Message (775) 473-9014*) CREDIT REPAIR: info from the credit secrets bible Rebuild Credit: Insider Credit Repair Techniques to Improve Credit Score Fast! What's the fastest way to raise your credit s...


Robert Kiyosaki - New Rules of Money, Part 5/7: Good Debt Vs. Bad Debt

Robert Kiyosaki - New Rules of Money





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Wednesday, November 17, 2010

the American Debt and You

Interest on Public Debt and Intragovernmental debtImage via Wikipedia

The American Debt has reached thirteen trillion dollars and its growing daily. What has this country done to get into so much debt and how does this effect you. The more debt we have the more taxes are placed on the American citizen. Every american is responsible for about eighty eight thousand dollars with of debt. The only real way to help bring down the debt crisis is to get a thriving economy.
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TheMoneyIllusion » Here we go again?

This past May I pointed out that the euro debt crisis was increasing the demand for dollars and depressing AD in the US. One sign was the dollar appreciating as investors fled to safety. As I expected, this slowed the US economy in the second and third ... Prediction: By the end of 2011, the Fed's balance sheet will contain two trillion dollars of US Notes – in addition to all the other assets. Somewhere, something big and important is unraveling and breaking down. ...

Obama's Debt Commission: 'More Taxes' Logistics Monster

One stark and sobering way to frame the crisis is this: if the United States government were to nationalize (in other words, steal) every penny of private wealth accumulated by America's citizens since the nation's founding 235 years ago, ... But at the same time, America's debt and unfunded liabilities totaled at least $120000000000000.00 ($120 trillion), or 225% of the citizens' net worth. Even if the government expropriated every dollar of private wealth in the nation, ...



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