debt

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Money Dust

10 Feb 2021 2 minute read 1 comment Spaced Man

Many people do not realise this but if the whole world were to pay off its debt, there would exist no more currency because the interest that is to be paid back extracts more currency out of the system than ever existed in the first place. Thus witho...

The underhand truth that no one wants to look at

21 Jan 2021 1 minute read 0 comments My_crypto_Ideas

Today's will be a slightly different consideration that is perhaps a little outside the crypto world.I would like to say a few words about the monetary policies of central banks, they are insane.The unspoken goal is to trigger a strong inflation that...

Debt: The Silent Killer

11 Jan 2021 1 minute read 3 comments Theincomebeast

Did you know that debt is a silent killer?   We all realize we pay interest on money we borrow regardless if that is for a home, a car, or credit card debt. What you may not realize is how much, in interest you are paying per day. Most people get the...

Pay Off Your Debt for a Winning Mindset

10 Jan 2021 4 minute read 2 comments Hipster Finance

Paying off your debt does more for your mindset than it does for your finances. Debt is Dumb? The debt free community is a loud one.  They make their life about getting rid of and never using that four letter word (D*BT!).  They don’t use credit card...

The Weekly Summary - Personal Finance Edition [Issue 39.0]

5 Jan 2021 1 minute read 16 comments tvlachak

Issue 39.0 / January 5, 2021 Personal Finance Would you move for $10,000? A great thread of "good, non-evil and less evil" tech companies hiring now. It's a sad reality these days, but more people are dealing with delivery theft or porch pirates. Wh...

The Weekly Summary - Personal Finance Edition [Issue 37.0]

23 Dec 2020 1 minute read 7 comments tvlachak

Issue 37.0 / December 23, 2020 Personal Finance A married couple has eliminated a massive amount of debt in several months instead of taking years which was accomplished through discipline and sacrifice. Living on the edge financially is nothing new...

Doing investments by taking a loan

13 Dec 2020 2 minute read 3 comments Bala

I usually don't encourage taking loans for anything. Even though I have a big loan to be settled in my real life, I don't prefer taking a loan for anything. Earning is always better than taking loans. But still, if we end up taking loans, we have to...

Debt Snowball and the Debt Avalanche

8 Dec 2020 2 minute read 0 comments Theincomebeast

If you want to get started investing I recommend you pay off all your debt first. Here is a post about why and when to pay off debt before investing. If you are serious about becoming debt free there are three options: 1. win the lottery 2. The Debt...

My debt trap.

15 Nov 2020 1 minute read 2 comments crafter

When I started working,  everything was going smoothly, financially speaking. I was earning a decent salary, had a house and car, a wife and kid, and money left over at the end of the month. Then I left my full time job for life as a contractor. I ma...

Debt Is Having A Diminishing Impact On GDP Growth

22 Oct 2020 1 minute read 0 comments faisalhk786

I have been working as a financial analyst for 13 years and I like to talk about macro-economics. There are several indicators that are pointing to high inflation in the coming years. Needless to say, that assets like gold, silver will be beneficiari...