Sentences with phrase «earned interest on the debt»

A lender often earned interest on the debt through the labor of a pledged slave or child.

Not exact matches

In other words, if a company paid $ 20 in interest on its debts and earned $ 5 in interest from its savings account, the income statement would only show «Interest Expense - Net» interest on its debts and earned $ 5 in interest from its savings account, the income statement would only show «Interest Expense - Net» interest from its savings account, the income statement would only show «Interest Expense - Net» Interest Expense - Net» of $ 15.

The average Hawaiian household will get $ 14.21 ($ 6.9 million total) this year when interest on their debt is subtracted from interest earned on savings accounts.

If you lose your job, or don't earn enough to repay your student debts on time, late fees and interest charges mount fast.

The interest that the Fed earns on all of its debt securities — less a relatively small amount to cover the Fed's own operating expenses — gets paid into the General Account of the US Treasury.

The new feature will enable users to transfer payments, issue red packets (红包 hongbao), pay back credit card debt, and earn interest on their balances in the digital wallet.

The favorable bond rating will enable the town to earn low interest rates on its debt, saving money.

If the interest rates on your other debt - car or student loan or mortgage - is higher than what you could earn by saving or investing (consider that the average annual inflation - adjusted historical return of the U.S. stock market is just over 6 %), you'd be wise to pay that down first too.

Once you start paying interest on credit card debt you quickly eat into any credit card travel rewards you may be earning.

If, however, the $ 50,000 has a lower interest rate (mortgage, line of credit or loan) then you want to look closer at the interest rate you are paying on the debt versus the interest / investment return you could be earning once invested.

It doesn't make sense to earn interest on an investment, while you're simultaneously paying a higher rate of interest on debt.

The best action you can always take is to reduce debt where possible unless that debt is associated with an income earning asset or something that you will make a capital gain on over and above the expenditure that you have to make on the interest by having that debt.

You will always earn less money from the interest of funds invested than it will be costing you for the interest you are paying on your debts.

(1) Large purchases (at least $ 75 million of pre-tax earnings unless the business will fit into one of our existing units), (2) Demonstrated consistent earning power (future projections are of no interest to us, nor are «turnaround» situations), (3) Businesses earning good returns on equity while employing little or no debt, (4) Management in place (we can't supply it), (5) Simple businesses (if there's lots of technology, we won't understand it), (6) An offering price (we don't want to waste our time or that of the seller by talking, even preliminarily, about a transaction when price is unknown).

Start by eliminating student loans and other non-mortgage debt — the interest you pay on these loans is usually higher than the guaranteed interest you can earn on investments.

In fact, the interest rate charged on your debts is likely greater than the interest you are earning on your bonds.

Think about it this way: if you earn $ 15 in SmarterBucks and contribute that toward a student loan, you've not only paid off $ 15 in debt, you've avoided paying accruing interest on that $ 15 for the rest of your loan's repayment period.

This combination allows you not only to save on interest while repaying your credit card debt, but also earn some cash while making your everyday purchases.

And to make the question a little more specific let's assume that the only debt we're talking about first is a mortgage and I don't know let's say the interest rate is 3 % and the person thinks they can earn 4 % on an investment.

Saving is not just about earning a return on your investment, but also about minimizing the amount you spend on interest servicing your debt.

If your after - tax interest rate is less than what you'd earn on an investment, opt to invest your money and keep the debt instead.

If you're paying 30 % interest on your department store credit card and your investment may earn 4 %, the math is obvious, pay off your debt.

These concepts apply to any earned interest, versus interest cost on debts that you may have.

While the cost of debt for all REITs is currently cheap, National Retail appears to be very well positioned to continue earning a positive spread on its acquisitions if interest rates begin to rise thanks to its healthy cap rate.

There's the good kind of interest that you earn on your investments and the bad kind of interest that you pay on your debt.

the dollar amount of all interest earned on government and corporate debt obligations and short - term certificates of deposit, as well as interest earned from cash in a brokerage account; for bond ladders it represents the estimated annual income that will be received from the securities that make up the rung; the income is calculated by multiplying the coupon rate by the quantity of bonds (face value)

If you paid $ 2,600 each month towards a $ 10,000 debt, you'd break even on the deal — interest charges would be roughly equal to the $ 200 reward you earned.

Your first priority should always be to eliminate any debt with «an interest rate that's higher than what you could earn on that money somewhere else,» Coombes says.

Through paying down your debts, you effectively earn a rate of return equal to the interest rate charged on the debt, immediately.

Sure, your credit card debt is costing you more in interest than you are earning on your RRSP investments — probably 25 % versus 6 %.

Municipal Bonds: Because you don't pay taxes on municipal bonds (assuming the interest earned is exempt from both state and federal tax), the rate of return can be compared directly to the debt payoff rate - no adjustments needed.

Check what your bank is paying you as well as the rates you're being charged on your debts and ask if these rates can be increased (for interest you earn) or decreased.

Remember that paying interest on outstanding debt reduces or eliminates the potential value you'll get from any rewards you earn.

Wells Fargo offers credit cards for just about any goal, whether you're looking to earn rewards on your spending, transfer balances from higher - interest debt or build a stronger financial history.

Though you still pay income tax on your initial investment when those dollars are earned, the interest generated by these debt securities is exempt from federal income taxes, so your investment generates annual income tax - free.

If the interest rate on your debt is less than the amount your savings earn after tax then, providing you're financially disciplined, you can profit from building up savings and keep the debts.

The cost of most debts vastly exceeds the interest earned on savings.

If I can do this, they I don't pay any interest on my debt and I can repay this when I get a new job (or through the side hustle income I would be working hard to earn whilst I was unemployed).

If the interest cost of your debt is more than you'd earn on savings you're better off paying down the debt.

To really ramp up your gain, you can shift the debt again to another cheap balance transfer to keep earning interest on the savings.

The amount you pay in interest to borrow is much more than you earn on your savings, so pay the debt off with savings and you're quids in.

If you can your lower monthly debt payments and / or obtain a lower interest rate on your debt, the goal is to invest freed up cash in investments that earn higher returns than the cost of your debt.

After earning interest and fees on the borrower's initial mortgage, the lender earns even more interest and fees (assuming one goes to the same lender) on the home - equity debt.

If you are looking for an opportunity to save on interest while paying down your debt and earn rewards at the same time, then the Discover it ® Card is your option.

Sure, one can formulate situations where you might earn a bit more by doing credit card balance transfers or only paying the minimum on a very low interest debt, but those situations are few and far between, have other risks (such as unexpected changes to terms and conditions and a mis - step in managing the accounts) and don't earn you a whole lot.

You earn a fixed rate of interest on your investment, and the company or government repays the debt when the bond matures.

If your debt is at a fairly low interest rate like a mortgage or line of credit, the interest rate you're paying may not be too much different from the rate of return you might be able to earn on your LIRA.

You are earning no more than 1 % and my guess is the lowest debt interest rate would be over 3 % (home mortgage if you locked in a couple of years ago) and it would go up considerably from there (6 - 10 % for student loans and 18 % on credit cards).

If you were to save money and not pay off debts it would be costing you the difference between the after - tax interest you could be earning on your investment money and the full amount of interest that you are paying on your debt.

Because you'll be earning the interest on your savings, instead of paying interest on the debt, you'll be paying a lot less in a shorter amount of time.