Managing Debt

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Most folks have some sort of debt.  There is “good debt” and there is “bad debt”.  Good debt is normally associated with debt that is taken on to invest in some sort of asset that generates income and/or increase in value/worth in excess of the debt load.  For example, if you purchase a rental property with debt and that rental property generates positive cash flow, it is considered good

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Wealth Defined

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Wealth can be described as an abundance of items of economic value, or the state of controlling or possessing such items, usually in the form of money, real estate and personal
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