Everything You Need To Know About Debt

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To some people, making a deal for debt is like making a deal with the devil. For others, debt is a necessary evil that must be put to good use. In this video, we shall look at what debt is. Is it good or bad? You’ll learn everything you need to know about debt. Enjoy!

#debt #business #management

Timestamp
(01:41) Is debt good or bad?
Types of debt
(03:33) Mortgages
(04:29) Business debt
(05:13) Corporate debt
Types of corporate debt
(05:23) Bonds
(06:12) Commercial paper
(06:46) Credit Card debt
(07:42) Car loan
(08:48) Personal loan
(09:31) Medical debt

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DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.
- The Audible link is an affiliate link meaning if you make a purchase using the link, I will receive a small commission at no extra charge to the buyer.
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*Every family has a person who breaks the chain of poverty. I hope you will be that person!!*

actuallybusiness
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When I get by myself out of debt, I won’t allow myself to fall back in 🙏🏾🙏🏾🙏🏾

MissEnglish
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I wish every young person stuck in debt to be motivated to work hard and smart to be successful.

RPDX
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Please do a video about how small amount of money adding to the index fund every month can create the compound effect on long term

rrrmMmmrihan
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An individual can also lend money to a public or private institution, that's what bonds are

PaperRaines
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Valuable information! Thanks for the work 💪

Abokistreetshow
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I guess at the age of 67 I have been lucky or very careful with my money as I have never had any debt except a mortgage and a car payment and they are both paid off. I watched my parents who had a good income never saved anything I knew that would not be me

debbieframpton
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Own no one my mother use to tell me 😖😖

daniellebernard
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During the current Covid crisis it should be rather simple for by far most people: get out of debt. A.s.a.p!

AndrewGeerlings
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Enjoy your golden years

Get in to debt in your late sixties

Wow!!!!

truestory
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Debt is for suckers!!! I have zero debt and my home is paid off! I drive a 2006 Corolla an income of $125k passive income of $3k $675k in ROTH IRA and $125k savings!! I can do what I want when I want!!!

RB-jeyj
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Debt is not good or bad, this is the wrong question. I think of debt as similar to a firearm. It is a tool that can be incredibly effective but at the same time if it is irresponsibly used it could end your life. People in America do not take this seriously enough....I wish the host would have treated the topic less casually.

lbufal
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l recommended a professional broker to you guys sometime ago, can I get person who invested with her
comment below

peterbenson