Folks,
If you’re thinking about how to tell good debt from bad debt, here is a hit: good debt is usually cheaper and tax advantaged.
Case in point: my chase credit card charges me 17.99% and I can’t deduct any of the interest on it. On the other hand, my mortgage is 5.0% and all the interest is fully deductible on my federal tax return.
It bears repeating: good debt is usually cheaper and tax advantaged.
Best,
James
Previous post: Do Whats Right For You
Next post: How (and why) do you save money?
Trading online can be established with the utilization of forex and the use of an online trading terminal which can work as your tool of reach to forex trading.
Get moving quotes from local or long distance professional movers.
| Oral Chelation - initial cleansing of your veins & arteries |
| Rollup Banner Stands - for every business and leisure event. |
|
DINKS (Dual Income No Kids) Finance is a blog discussing personal finance for couples. While by no means financial experts, we own a variety of assets including real estate and stocks. We've both been up to our eyeballs in debt and have made tons of financial mistakes. However, we've both successfully retired that debt and we both do learn from our failings. We hope that our voice in this blog can help others in achieving their goals!
{ 1 comment… read it below or add one }
There is no such thing as good debt! :)