Comments on: Top 6 Debt Myths http://financialhighway.com/debt-myths/ Personal finance blog discussing investments, savings, insurance and financial planning ideas to grow wealth Tue, 07 Feb 2012 02:35:32 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: You Need to Borrow Money http://financialhighway.com/debt-myths/#comment-3810 You Need to Borrow Money Mon, 31 May 2010 12:50:46 +0000 http://financialhighway.com/?p=3222#comment-3810 [...] However, before you can show someone your credit history, you have to first develop one. And that means borrowing money. [...] [...] However, before you can show someone your credit history, you have to first develop one. And that means borrowing money. [...]

]]> By: Insurance Myths Debunked Part 2 – Life Insurance | Finance Blog http://financialhighway.com/debt-myths/#comment-2262 Insurance Myths Debunked Part 2 – Life Insurance | Finance Blog Thu, 07 Jan 2010 06:26:00 +0000 http://financialhighway.com/?p=3222#comment-2262 [...] Top 6 Debt Myths [...] [...] Top 6 Debt Myths [...]

]]> By: Insurance Myths Debunked Part 1 – Car Insurance | Finance Blog http://financialhighway.com/debt-myths/#comment-2258 Insurance Myths Debunked Part 1 – Car Insurance | Finance Blog Thu, 07 Jan 2010 06:24:31 +0000 http://financialhighway.com/?p=3222#comment-2258 [...] Top 6 Debt Myths [...] [...] Top 6 Debt Myths [...]

]]> By: 6 Debt Myths to Consider. http://financialhighway.com/debt-myths/#comment-1917 6 Debt Myths to Consider. Sat, 28 Nov 2009 13:39:24 +0000 http://financialhighway.com/?p=3222#comment-1917 [...] this week, Ray from the Financial Highway blog had a great list of his Top 6 Debt Myths that I thought I’d share on this rainy Saturday… well, it’s rainy where I am [...] [...] this week, Ray from the Financial Highway blog had a great list of his Top 6 Debt Myths that I thought I’d share on this rainy Saturday… well, it’s rainy where I am [...]

]]> By: MArcus Neils http://financialhighway.com/debt-myths/#comment-1898 MArcus Neils Tue, 24 Nov 2009 17:16:15 +0000 http://financialhighway.com/?p=3222#comment-1898 The long and the short of it is that we are in HOT Water! I learned a long time ago that whenever something is done you need to take resposiblility for it! This not only includes our past presidents actions, or lack there of, but OUR CURRENT Presidents need to try to pay the blame game. Obama new what he was getting into when he ran for office! If he didn't want to take the responsibility for the country's future, HE SHOULDN'T HAVE RAN! I don't care about the past, but only to learn from it. I care about now and the future, for my son's sake! If you can't handle the heat, get out of the kitchen. don't blame the previous cook for having the oven on to hot before you got into it. Deal with what you have AND MAKE IT BETTER! IF YOU DON'T HAVE A SURE FIRE SOLUTION DON'T SPEND MY MONEY ON GUESSES AND IDEAL'S! I don't invest unless I know what I'm getting first! Should we expect any less OF OUR COUNTRY AND OUR PRESIDENT!!! I don't think so... Saying one thing, than doing the other. Just the same old song and dance from BOTH PARTIES! Let's just cut all the stuff and operate our country like a successful business would. 1. Let innovation take it's place. Don't just let the company with the most power and most money take over. 2. Do what is best for your customers and stock holders! If the customers are happy they will buy more which in turn makes the stock holders more money so they are happy. Don't just take a corporate stance or hard-line under the false pretense that this is really the best decision for you, you just don't know it yet.... seriously... Mr. Uncle Sam, that is what your trying to pull. Not all of us are stupid. 3. Finally the BEST COMPANY should get the job. If your past is riddled with poor performance and continual losses, DO YOU REALLY THINK YOU SHOULD GET THE JOB!!!! I'm not trying to take a party stance, although you may assume so? I'm concerned about my families future and the world that my son will be growing up in. We still have time to let the real majority voice be heard! Not the party, not the government, you and me. Agree or not I think we can all see that something needs to be done! I personally think that throwing more money at an unsolved problem is not using the best of intelligence. The long and the short of it is that we are in HOT Water! I learned a long time ago that whenever something is done you need to take resposiblility for it! This not only includes our past presidents actions, or lack there of, but OUR CURRENT Presidents need to try to pay the blame game.

Obama new what he was getting into when he ran for office! If he didn’t want to take the responsibility for the country’s future, HE SHOULDN’T HAVE RAN!

I don’t care about the past, but only to learn from it. I care about now and the future, for my son’s sake! If you can’t handle the heat, get out of the kitchen. don’t blame the previous cook for having the oven on to hot before you got into it.

Deal with what you have AND MAKE IT BETTER! IF YOU DON’T HAVE A SURE FIRE SOLUTION DON’T SPEND MY MONEY ON GUESSES AND IDEAL’S! I don’t invest unless I know what I’m getting first! Should we expect any less OF OUR COUNTRY AND OUR PRESIDENT!!! I don’t think so…

Saying one thing, than doing the other. Just the same old song and dance from BOTH PARTIES! Let’s just cut all the stuff and operate our country like a successful business would.

1. Let innovation take it’s place. Don’t just let the company with the most power and most money take over.

2. Do what is best for your customers and stock holders! If the customers are happy they will buy more which in turn makes the stock holders more money so they are happy. Don’t just take a corporate stance or hard-line under the false pretense that this is really the best decision for you, you just don’t know it yet…. seriously… Mr. Uncle Sam, that is what your trying to pull. Not all of us are stupid.

3. Finally the BEST COMPANY should get the job. If your past is riddled with poor performance and continual losses, DO YOU REALLY THINK YOU SHOULD GET THE JOB!!!!

I’m not trying to take a party stance, although you may assume so? I’m concerned about my families future and the world that my son will be growing up in.

We still have time to let the real majority voice be heard! Not the party, not the government, you and me. Agree or not I think we can all see that something needs to be done! I personally think that throwing more money at an unsolved problem is not using the best of intelligence.

]]> By: Joe Plemon http://financialhighway.com/debt-myths/#comment-1892 Joe Plemon Tue, 24 Nov 2009 03:39:15 +0000 http://financialhighway.com/?p=3222#comment-1892 Another myth: Everyone has debt, so it must not be so bad. Another: I won't pay off all my credit card just this one time. I'll catch it up next time. Another myth: Everyone has debt, so it must not be so bad.

Another: I won’t pay off all my credit card just this one time. I’ll catch it up next time.

]]> By: Credit Card Chaser http://financialhighway.com/debt-myths/#comment-1888 Credit Card Chaser Mon, 23 Nov 2009 23:04:28 +0000 http://financialhighway.com/?p=3222#comment-1888 My debt myth is "I can carry a balance on my credit card because after all I get rewards and cash back with my credit card" because even a couple months of carrying a balance on a credit card can negate any of the rewards earned. My debt myth is “I can carry a balance on my credit card because after all I get rewards and cash back with my credit card” because even a couple months of carrying a balance on a credit card can negate any of the rewards earned.

]]> By: MoneyEnergy http://financialhighway.com/debt-myths/#comment-1886 MoneyEnergy Mon, 23 Nov 2009 20:40:09 +0000 http://financialhighway.com/?p=3222#comment-1886 Not so much a myth as a tip - but what I like to do is make sure I keep my credit card limits at or below my monthly income levels - it's just a good psychological level, and practically speaking, it limits the amount of time it would take you to pay them off whenever you are not able to pay them off in full each month (it also keeps them at a limit where you *can* pay them off in full each month). In other words, don't have a bigger credit limit than what you earn in one month! Not so much a myth as a tip – but what I like to do is make sure I keep my credit card limits at or below my monthly income levels – it’s just a good psychological level, and practically speaking, it limits the amount of time it would take you to pay them off whenever you are not able to pay them off in full each month (it also keeps them at a limit where you *can* pay them off in full each month). In other words, don’t have a bigger credit limit than what you earn in one month!

]]>