Sentences with phrase «debt is a bad thing»

Not all debt is a bad thing.
Be up to their eyes in debt, and debt is a bad thing isn't it George?
While some instances debt is required, such as for the purchase of a new home, in most cases, debt is a bad thing.
People think debt is a bad thing.

Not exact matches

«In terms of educating my clients about good versus bad debt, one thing I tell them is that good debt is deductible on your tax return,» Tydlaska said.
Debt, in and of itself, is not a bad thing — it can help you expand, grow, and develop your business, but you need to have a plan to pay it back.
But taking on some debt is not always a bad thing,» Cesarini says.
Crockett, who is bullish on SeaWorld, notes that even if things get much worse, the company has a portfolio of properties that, in its IPO filings, was valued at $ 5 billion; that's more than two times the current value of its market cap and debt.
It's tempting to buy things for your soon - to - be new home, but it's a bad idea to take on extra debt to do it.
On the other hand, bad debt is typically incurred to purchase things that arise out of want, rather than need.
It's embarrassing that after a crisis that nobody saw, government policy continues pouring on more gas to fuel more speculation to get things (stocks, real estate, debt) back to the same place we were, or maybe even worse now...
To make things worse, Canada's economy has been hit hard by falling oil prices, and investors remain wary of a Canadian housing market that has shown signs of becoming a bubble, as well as rising consumer debt rates.
The first thing you must do if you want to become debt - free is to take a good look at your financial situation and determine what debt is good and what debt is bad.
Outright purchases of unsecured bank debt remain highly unlikely at this stage given the conflict of interest the ECB is facing, although other targeted options could be envisaged, including a reduction in collateral haircuts, eligibility of more risky ABS tranches, or even some targeted purchases of bank loans if things get worse.
However the United Nations, as well as other financial experts have said that Greece's debt is unsustainable, and the methods in which the country is being forced to adopt are making things worse.
Its not about the money he takes out of the club or that he doesn't invest, being self sufficient is not a bad thing to be... its certainly better than being loaded down with debt like some of our rivals owners have done to their clubs.
«The problem of some people living on benefits when they are able to work» (along with «Britain's overall level of debt») is one of the few things that many people think would be worse today had Labour won in 2010.
Mickey tries his best to investigate with the help of his friend Bird (John Turturro) but things go from bad to worse when Mickey gambles the funeral money and is left with a body he can't bury and a debt he can't pay as a local columnist (Richard Jenkins) begins to expose the events.
It would be impossible to overstate the debt this remake owes to The Shining — which is no bad thing given how vastly superior Kubrick's film was to the original Amityville.
The lesson ends with a discussion around the topics of debt management, interest and is debt a bad thing?
It may be tempting to make only minimum payments, which are typically two to three percent of your outstanding debt, but this only makes things worse.
Bad debt is debt on ANY depreciating assets, including automobiles, but especially things like furniture, appliances and unsecured credit card debt.
As long as you can properly handle debt, using credit cards aren't always a bad thing and when used appropriately and balances are paid on time your credit can improve your score.
The main thing holding back our world from recovery, is no one wants to take losses from bad debt, and so central banks extend a lot of credit, as if those pointy - headed intellectuals have any idea about how the economy really works.
Debt isn't necessarily a bad thing and like most aspects of life, moderation is the solution.
The first and foremost thing to do is to improve your credit profile and try to get out of the bad debt cycle.
Things like a bad credit score, difficulty to prove your income (if you are a self - employed person), or other debts can be hurdles when it comes to applying for a mortgage.
Don't know why I only have 1 bad thing on my credit and the debt isn't that high... 2000 bucks back childsupport plus no bad credit no credit history
The worst thing to do is get yourself into debt just to build your credit.
Paying down debt isn't a bad thing.
The easiest thing in the world is to spend 100 % of what you earn or even worse, fall into debt.
It's one of the worst things you can face when it comes to your student loan debt - you can't afford your student loan payment.
Others struggle with avoidance and find themselves unable to deal with their debt until things become so bad they are harassed, subject to a lawsuit, garnishee (jeopardizing employment), repossession, foreclosure and deficiency claims, shortfalls on repossession, foreclosure leaving them few options.
One of the worst things that you could do would be ignore your debt.
The only thing that's almost as bad as being in debt is your debt collectors.
Debt consolidation is an appealing way to simplify your bill paying responsibilities and eliminate debt, but there also is a risk that things could get worse if you don't choose the appropriate method and stay committed to the procDebt consolidation is an appealing way to simplify your bill paying responsibilities and eliminate debt, but there also is a risk that things could get worse if you don't choose the appropriate method and stay committed to the procdebt, but there also is a risk that things could get worse if you don't choose the appropriate method and stay committed to the process.
He also said that in this economy, if things go bad you can stop investing but you can't stop paying your mortgage so having debt is risky.
However, the absolute worst thing you can do if you find yourself falling behind on your debt payments is to do nothing.
The worst thing you can do is quit your job or take on new debts while going through a mortgage refinance.
However, there might be times when debt can be a good thing — or at least a Not So Bad thing.
«So it looked like instead of accumulating more debt, which is something that we would expect in times of trouble, we saw that at a time when things were the worst, the debt actually dropped a lot.»
Debt isn't necessarily a bad thing.
Whatever happened in your life, whether it was medical bills, credit card debt, or some change in life situation that turned your finances upside down, it might not be such a bad thing to live within your current means for a while until your life and your income have stabilized.
The purpose of seeking the assistance of a bankruptcy trustee is to solve a debt problem — not to make things worse which is what can happen if you are rushed into a decision, or choose the wrong trustee to deal with your debts.
None of these things appreciate in value, so they are bad debt.
If you agree with us that debt's a bad thing, something you shouldn't carry, then take a look at what it is you owe and who you owe it to and start dealing with the highest interest rate debt first, pound away at this stuff.
Credit cards are bad debt because the overwhelming majority of credit card purchases are things that lose value.
To make things worse, your new rate may not be much lower than it is on your current debts because it's hard to get a loan with a favorable rate and terms if you have high credit utilization.
There's no harm in taking on some bad debt to get the things you need and want.
Bad debt is when you borrow for things that don't provide financial benefits or that don't last as long as the term of the loan.
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