Not exact matches
There are a lot
of different kinds of bankruptcy, and they all lay out one way or another
for a person or organization that can not pay back its
debts to restructure its payments and move forward.
Setting the priority between paying back
different kinds of debt, aggressively saving
for retirement or saving
for other goals will likely depend on the type
of debt, interest rates, your incomes and more.
If you decide to contact a consumer
debt relief company
for help, realize there a lot
of different kinds out there depending on the
kind of debt you have:
But there are also
different kinds of debt — it's reasonable to carry student loans
for a while, especially if your interest rate is
A mortgage is also beneficial because it's a
different kind of debt that you become responsible
for, proving that you're more responsible as a borrower.
Having this
kind of cash flow will be very
different from what we are used to because
for such a long time everything has been going to my student loan
debt.
Term life insurance is a
different kind of life insurance meant to provide financial protection
for a set period
of time — usually while you have dependents or outstanding
debts that could be transferred to others such as student loans.
Term life insurance is a
different kind of life insurance meant to provide financial protection
for a set period
of time — usually while you have dependents or outstanding
debts that could be transferred to others such as student loans.
Neither is necessarily right or wrong, you have to do what's right
for you, but i have to say I believe there are 2
different kinds of debt - consumption
debt which is bad (e.g. student loans and credit cards), which Kiyosaki calls «doo dads» and what I consider «good
debt», by using other peoples money (such as a bank) to purchase INCOME PRODUCING ASSETS (NOT speculative ones).