Off The Beaten Track

bad debt

Good debt, Bad Debt and the Gray Matter in Between – Part 4: Bad Debt and the Gray Matter

May 12, 2015 // 0 Comments

We’re at the end of our Good debt,  Bad debt series, and we hope you have a better understanding of what constitutes good debt. If you’ve missed out you can read up on student loans, business loans and property loans in our previous installments. Bad Debt Clothing, furniture and other consumables accounts You should always endeavor to buy all consumable items using cash rather than credit. Mostly because these items do not hold any lasting value and will need to be replaced soon. [...]

Debt Elimination: The First Half

May 3, 2015 // 0 Comments

Many people don’t know where to begin when it comes to paying off their debt. When you’re in too deep, every bill is too much. No matter which debt you want to tackle, the others will still be there. It isn’t surprising that so many resort to sticking their heads under the sand – it is peaceful and quiet below. However, you need to come up for air and when you do, guess who’s waiting? Yup… In order to fish your way out, you need to know exactly where you are Ask yourself the [...]