How
not to have debt? Don't buy what you
can't pay for today. Put $5k on your
credit card to go on vacation and you'll pay about $15k over 10 years to pay it
off (at 12% card rates). Pretend there's
no such thing as credit and find a way to get by on what you have. Your future will be hard enough to pay
for. Don't get there and find you have
to pay for your past as well.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com
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