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The effect of debt on long-term goals

  • 1 of 5

    by John McDevitt - Senior Steward

    When you go into debt you are spending your future. You trade your future earnings, your future wealth for "stuff" you want now. Sound simplistic? Well, maybe a little, but there are only two ways to acquire things that yo...read more

  • 2 of 5

    by Marco Angioni II

    The debt that you obtain throughout life (depending on whether or not you do obtain debt) can be both good debt and bad debt. Good debt can be described as either (1) debt that makes you money; or (2) debt that does not c...read more

  • by Lee Collins

    Mortgage Debt as a Long Term Plan It is important that you work with a debt manager and an asset manager. There are great articles written by asset managers aka Financial Advisor. A debt manager is a Mortgage Professi...read more

  • 4 of 5

    by David Moreland

    The overwhelming response to my blogs about investment and retirement planning is "How can I even think about investing and planning for retirement when I am in debt up to my ears?" This highlights one of the major hurdles...read more

  • 5 of 5

    by Cornelius Johnstone

    Depending on the amount of debt you have acquired and your long term goals, debt can have either a positive or negative affect. The first step is to identify your long term goals. If for instance, a long-term goal is to ...read more

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