I had never
been in debt before in my life and knew I wanted to eliminate it as soon as we could!
I've toyed with the idea of using my credit card as my emergency fund but like you, I've
been in debt before and would rather not take the chance of going down that road again.
I have
been in debt before and paid it off.
Arsenal besides
being in debt before should have started to spend money earlier and then balance the debt later on with time.
Not exact matches
The company has
been buckling under more than $ 20 billion
in debt, up from $ 8 billion
before the PE firms got their hands on it.
Then Clear Channel, which
was already burdened by $ 8 billion
in debt before the buyout, engaged
in various
debt transactions that funded its own buyout and compensated the PE firms.
Student - loan
debt is a ticking time bomb for our economy: It
's higher than ever
before, and it may
be preventing some of the best and brightest young graduates from making their mark
in the world of entrepreneurship.
Under European rules, a public recapitalization entails that equity holders and subordinated creditors (owners of high - ranking
debt) will have to share the burden and enter a «bail -
in» of 8 percent (minimum)
before public money
is used.
«They graduate from college, and now they've got $ 28,000
in debt and they
're a barista at Starbucks, which they could've done
before college,» Elmore said.
The most recent projections, granted their tentativeness, nonetheless make clear that the highly desirable goal of paying off the federal
debt is in reach
before the end of the decade.
One of these, according to Michalowicz,
is zeroing -
in on paying off
debts before the business becomes profitable.
The founder of
debt - laden tech conglomerate LeEco has defied orders from Chinese regulators to return to the country
before end - 2017, saying he needed to stay
in the United States as a fundraising for his electric car startup
was making progress.
In those cases, a term life insurance policy can cover that
debt should you die
before it
's zeroed out, she said.
Many
were optimistic about the future economic prospects
in Lisbon
before the sovereign
debt crisis, but the crisis and corresponding austerity measures have stifled its economy.
Without much more generous
debt relief, Greece will
be back
in deep trouble
before long.
The agency has said it will consider a downgrade if Congress doesn't raise the
debt limit
in a «timely manner,» that
is, several days
before Oct. 17, when the Treasury has said it will run out of wiggle room.
United States lawmakers will probably prevent the worst from happening — as they did
in the
debt - ceiling crisis — but nothing
is likely to occur
before November.
My wife and I lived
in a pile of junk on a beautiful property for a dozen years
before we
were debt free and had the cash to tear it down and build our dream home.
Before policymakers and pundits conclude that the rise
in student loans
is the cause of the decline
in rates of entrepreneurship among millennials — and decide that
debt relief
is the way to boost entrepreneurial activity among young people today — they should consider that waning interest
in entrepreneurship predates the student loan crisis by many years.
A major reason for the increase
in student
debt is because more Americans
are going to college than ever
before — and they need to.
Part of what has supported this recovery since the crisis has
been fiscal policy, so we have much higher government
debt than we had
before, where
is the room for governments to do fiscal expansion
in a renewed downturn?
The best way to get past a tax lien
is to pay off the tax
debt in full
before applying for a business loan.
In his eyes, all of your non-mortgage
debt should
be gone
before you invest for retirement.
Goal
is to
be debt free
in 5 1/2 years so there
is lots of hard work ahead
before I can start investing and truly growing my net worth.
In other words, if the company
is faltering or on the verge of going bankrupt, the venture
debt investors have a better chance of getting their money out
before the investment turns to zero.
Never
in history
before was there any temporary period where people thought that the way to get rich
was to go into
debt.
The documents governing and representing the loan will outline the complete provisions of the transaction, however, there
are a handful of key terms investors should understand
before investing
in a
debt product.
I think that it will
be hard to escape the conclusion that household
debt grew at an unsustainable pace
in the decade
before the great financial crisis and that this
was an important spur to growth.
The relationship between monetary policy and financial stability may depend on the specific economic conditions
in which we find ourselves.6 Moreover, the processes resulting
in financial cycles, with periods of unsustainable
debt buildup, occasional crises and periods of deleveraging,
are not well captured by standard models.7 We have more work to do
before we can
be fully confident about our conclusions.
On the economy, as I've noted
before, one of the classic signals of an oncoming recession
is a downward turn
in the growth rate of consumer
debt.
China
is getting richer faster now than it did
before, even though it looks like wealth creation
is slowing (the difference
is in the slower required accumulation of bad
debt).
China
is still vulnerable to a
debt crisis, but if President Xi can continue to restrain and frighten the vested interests that will inevitably oppose the necessary Chinese economic adjustment, he may
in the next one or two years
be able even to get credit growth under control,
before debt levels make an orderly adjustment impossible.
The
debt - to - GDP ratio stood at 33.8 %
in 2011 - 12 and
was already projected to decline
before the 2013 budget.
But closing down unnecessary capacity can pay for itself, even if unemployed workers
are temporarily put on the government payroll (causing
debt to rise, but usually by less than it had
before), but only temporarily as Beijing takes other measures to boost household income through wealth transfers from the state and so to boost consumption, a form of demand which
is likely to
be more labor intensive than the demand created
in the process of over-capacity.
As we have detailed
before, there
is a wide gap
in the reconciliation instructions
in the two budgets that could result
in a $ 2 trillion difference
in debt over ten years.
While high - interest
debt should
be avoided at all costs, a 0 - percent - interest offer could
be useful
in a pinch, so long as you pay it off
before the deal expires.
For a third example, not everyone
in the early 1960s believed that the USSR would inevitably overtake the US economically
before the end of the century, but excluding fierce anti-Communists predicting fire and brimstone, I don't know anyone who expected that by the 1980s the USSR would essentially
be insolvent (technically it wasn't, but LDC
debt traders nonetheless included the country
in their universe of defaulted or restructuring sovereign borrowers).
What I hope happens
is that we never find out how China reaches
debt capacity limits because Beijing reins
in credit growth well
before this happens.
«What they
're saying
is that when it comes to
debt and to the prospects for future
debt, the U.S.
is no «clean dirty shirt,»»
before colorfully continuing «The U.S.,
in fact,
is a serial offender, an addict whose habit extends beyond weed or cocaine and who frequently pleasures itself with budgetary crystal meth.
Before the LDC
Debt Crisis of 1982, for example, huge petrodollar hoards
were recycled into developing countries, and these capital flows funded increases
in consumption and investment that led to the large trade deficits that balanced the net capital inflows.
Prior to joining TSSP, Mr. Baixauli
was an Associate
in the Distressed
Debt Investment Team at Strategic Value Partners, and
before his time at SVP worked as an Analyst
in the M&A team at Goldman Sachs.
With $ 18T
in debt and a projection to
be at $ 20T
before Obama
is done, how
are we going to repay all that
debt.
Before you know what
is happening, that
is how
debt will creep
in.
Management said on the earnings call and
in the release that its focus
in 2018 — and over the long term —
is cash flows, not oil and gas volumes, and intends to use 2018 and 2019 to «target substantial growth
in cash flow along with a reduction
in net
debt: EBITDAX [earnings
before interest, taxes, depreciation, amortization, and exploration] to approximately 2.5 times.»
«
Before the crisis, public
debt was fairly low, and while private
debt — and
in particular mortgage
debt —
was a problem, private sector deleveraging
is happening quickly.»
Of course he
is talking about the period right
before the crisis
in 2008, and we all know how that mess got sorted out; the creation of more
debt than the world has ever seen.
Before being a sell - side analyst, Jesús worked at PwC Corporate Finance
in debt restructuring projects mainly throughout Latin America.
Although some people will raise a red flag about increasing
debt levels, Edmonton only has about half the
debt level of Calgary and a repayment plan
was in place
before any funds
were borrowed (a requirement under provincial law.
B.C.'s
debt - to - income ratio
is 160 per cent — the same level reached
in the United States just
before the financial crisis and housing meltdown hit.
After all, the
debt - to - income ratio of Canadians
is at a record high, close to the levels experienced
in the United States
before its market crashed, and home ownership
is at nearly 70 $, also a record and five points more than its neighbours to the south.