Tag: Interest Payment

5

Loans to adult children and friends?

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When you are doing well and have a nice surplus (and the world can see it!) there is a good chance that people come to you for help. Nothing wrong in their coming, and nothing wrong in your giving, however it is not easy. Let me give you a few examples: Mr. M an executive […]

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7

Americans credit learnings….

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Some things are basic to life…like: – it is better to be a LENDER than to be a BORROWER. – pay off the MORE expensive loans first – if you MUST have debt, it is better to have a tax deductible debt – your credit rating determines your interest payment – the more number of […]

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