Said the good side of the debt (part 2)

November 20th, 2009 - By admin - Posted in Debt Consolidation

After we saw the good side of that debt is good debt and debt is a powerful tool then:

Get close to the debt.

Try to see rich people, whether they are hard workers? whether discipline in managing their finances? the answer is “sure”. But if you asked the question “Where is the origin of their wealth? Do they owe? her answers could be diverse.

However, it is common that many people can be rich because of debt, then why do they seem to enjoy it like he does not have a burden, while we are here not to play troublesome when the number of their debt greater than we are.

The key is: to manage the debt in order to bring an added value

Consider the following cases:

Mr. Amir can spare the money for 1 million per month, he borrowed to the bank for 80 million over 7 years in installments of 1 million 200 thousand per month. Money loan by Mr. Amir used to buy a new house for 50 million, then he bought a motorcycle for 15 million. The rest is used to increase capital by 15 million shop, flat shop profit - average 150 per month. How much debt that Mr. Amir had a positive value? The answer is only 15 million it …. You could then count yourself with the rest of the money per month for 1 million and additional injection of funds stalls which only 15 million, about - about how long Mr. Amir strong bank payment?.

Just compare with ejen indeed in the same pattern except that he did not buy a motorcycle, indeed stall with ejen injected fresh capital of 30 million. Can be confirmed by the money does ejen shop has become a shop and a must for a lot of merchandise that can be sold then the presumption will be bigger and faster profits generated. With so did ejen will feel relief in the payment because its profits from the store 2-fold or more from Mr Amir. Even maneuver can also be a repayment of debt faster and able to buy a motorcycle.

The latter is: Debt should be paid.

This is what has been a complicated issue, at the time of its borrowing is not playing well but the obligation to pay installments turn felt very heavy.

Here is talking about a commitment between the debtor and creditors, should not you trifle - waste of your trust banks, keep that trust by paying obligations on time.

Hopefully this paper can provide a new picture of the debt.

collected from various sources

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