Borrowing money isn’t always a bad thing – debt can be a sensible way to build wealth
kolaking.substack.com
Bomikazi Zeka, University of Canberra Debt, in some form or another, is part of our financial profiles whether we like it or not. And it can be a useful way to build wealth if it is managed carefully and wisely. For example, you may borrow money from the bank to buy an asset – a resource of economic value that generates income from its productive use. Investment property is an example.
Borrowing money isn’t always a bad thing – debt can be a sensible way to build wealth
Borrowing money isn’t always a bad thing …
Borrowing money isn’t always a bad thing – debt can be a sensible way to build wealth
Bomikazi Zeka, University of Canberra Debt, in some form or another, is part of our financial profiles whether we like it or not. And it can be a useful way to build wealth if it is managed carefully and wisely. For example, you may borrow money from the bank to buy an asset – a resource of economic value that generates income from its productive use. Investment property is an example.