Often times when reading Personal Finance article,s you’ll hear the term “Good debt” and/or “Bad Debt.” As you might expect, it is generally easy to distinguish between the two. Credit cards? Bad. Student Loans? Good (Mostly). Mortgage? Good. The list goes on and on depending on how much the lender manages to fleece you out […]
Posts from ‘May, 2012’
When is it OK to "Spend your way out?"
In the midst of an ongoing economic recession, you’ll often hear that the government has the ability to try and spend its way out of a crisis. The idea is that the government spends more than it has on hand in order to keep the economy going temporarily, a shot in the arm of money, […]