Comments on: The Great Debt Repayment Fallacy … don't fall for it! http://7million7years.com/2008/05/05/the-great-debt-repayment-fallacy-dont-fall-for-it/ How to make 7 million in 7 years ... Sat, 11 Feb 2012 22:32:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Meet The Frugals and The Moguls « How to Make 7 Million in 7 Years™ http://7million7years.com/2008/05/05/the-great-debt-repayment-fallacy-dont-fall-for-it/comment-page-1/#comment-952 Meet The Frugals and The Moguls « How to Make 7 Million in 7 Years™ Wed, 07 May 2008 03:18:02 +0000 http://7million7years.wordpress.com/?p=149#comment-952 [...] Making Money 301 « The Great Debt Repayment Fallacy … don’t fall for it! [...] [...] Making Money 301 « The Great Debt Repayment Fallacy … don’t fall for it! [...]

]]> By: AJC http://7million7years.com/2008/05/05/the-great-debt-repayment-fallacy-dont-fall-for-it/comment-page-1/#comment-951 AJC Tue, 06 May 2008 06:40:25 +0000 http://7million7years.wordpress.com/?p=149#comment-951 @ Trainee - yep, agree ... once you are IN debt. But, BEFORE you get into that position, Bad Debt is anything that does NOT help you leverage your investments ... pretty simple, yet so misunderstood. @ Trainee – yep, agree … once you are IN debt. But, BEFORE you get into that position, Bad Debt is anything that does NOT help you leverage your investments … pretty simple, yet so misunderstood.

]]> By: traineeinvestor http://7million7years.com/2008/05/05/the-great-debt-repayment-fallacy-dont-fall-for-it/comment-page-1/#comment-950 traineeinvestor Tue, 06 May 2008 06:16:58 +0000 http://7million7years.wordpress.com/?p=149#comment-950 Great post and exactly right. People get really confused about the difference between good debt and bad debt. This may be over simplifying things, but good debt is debt that costs less than the return you can earn on an investmment. Bad debt is anything that is more expensive. Great post and exactly right.

People get really confused about the difference between good debt and bad debt. This may be over simplifying things, but good debt is debt that costs less than the return you can earn on an investmment. Bad debt is anything that is more expensive.

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