Don’t Sweat the Small Stuff with Debt â„¢
Don’t sweat the small stuff with debt is possibly the most irresponsible thing any financial professional could tell a client, yet it continues to happen.
When Should you Try to Pay Down Debt?
That is a question that seems to come up a lot so I figure I’d help folks out with some scenarios and when it might be a good time to start thinking about when to… Read More »When Should you Try to Pay Down Debt?
Let’s DEFINE Debt-Free
Many folks misinterpret what is meant by having no debt, so let’s define debt-free and use that as a cornerstone for our discussions.
Good Debt? Not Bloody Likely
The Big Cajun Man asserts there is no such thing as “Good Debt” and criticizes experts who claim otherwise. They insist all debt is detrimental, comparing the concept of ‘Good Debt’ to the illogical idea of ‘Good Car Accidents’. Regardless of the purpose or economic benefits often presented in defense of debt, BCM emphasizes it always negatively impacts the individual, equating it to stealing from one’s future self. BCM encourages a mindset of despising and quickly eliminating debt.
Are You Solving the Right Problem?
Sometimes you have the right solution for the wrong problem. Make sure you are solving the right problem.
