Beginner's Guide to Debt Management
Erase Your Debt and Take the Clamp Off Your Financial Life
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Narrated by:
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Scott Pollak
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By:
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Frank Stone
About this listen
Free yourself from the burden of debt!
Here's a snippet of just one of the ways to rid yourself of your debt:
This is a basic rule with banks, pension funds, and insurance firms. The aim is to have assets available when they will be needed. So one should not finance a long-term asset, for instance a house, with a short-term loan from a credit card. One should not use the value of his or her home to pay the bill. Borrowing long-term for a short-term also calls for trouble. For example, if you take a 10-year loan for a secondhand car, you'll still be paying for the loan long after the car has been disposed.
Also included are topics on:
- Strategies of managing debt
- How to prioritize your debt payments
- What you need to know before borrowing money
- Different types of debt
- Much, much more!
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