Sentences with phrase «been in debt before»

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 debtwas 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.
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