Showing results by publisher "Passive Publishing" in Money & Finance
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Beginner's Guide to Debt Management
- Erase Your Debt and Take the Clamp Off Your Financial Life
- By: Frank Stone
- Narrated by: Scott Pollak
- Length: 26 mins
- Unabridged
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This is a basic rule with banks, pension funds, and insurance firms. The aim is to have assets available when they will be needed. So one should not finance a long-term asset, for instance a house, with a short-term loan from a credit card. One should not use the value of his or her home to pay the bill. Borrowing long-term for a short-term also calls for trouble. For example, if you take a 10-year loan for a secondhand car, you'll still be paying for the loan long after the car has been disposed.
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Beginner's Guide to Debt Management
- Erase Your Debt and Take the Clamp Off Your Financial Life
- Narrated by: Scott Pollak
- Length: 26 mins
- Release date: 04-13-16
- Language: English
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