Team Investoday

Debt: Let it go!

Today, there are three kinds of people: “the haves, the have-nots, and the have-not-paid-for-what-they-haves.” -Earl Wilson Borrowing allows a person to consume beyond their level of capacity. However, nobody can borrow for an indefinite period of time since unsustainable levels of borrowing will land you in a debt crisis. If not managed properly, borrowings can …

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