East India Company

An interesting article about the British East India Company.

Mortgage: Part A: Equity

So, the solution to having no money (and I mean being in debt) to taking out these so called equity loans. Lenders of money are sincerly trying to help out. Just read it below, and you will see their good intentions.

Our partners provide some of the most competitive rates nationwide on home equity loans and they are happy to work with you to find the loan that works best for you and your family. Home equity loans are a great way for a family to make much needed improvements on their existing home thus increasing the overall value of the home.

The people lending this money should perhaps consider one or to things. While they might be trying to contribute to the national economy by putting more money out on the market, they are instead destroying the country by putting money in the hands of those who cannot begin to pay back. This is not true of all borrowers, as some have a vision.

The lesson to be learned is to make educated borrowing decisions. Don't just go to the lender, for he will give you cash. Even if you pass a credit check, you will still have to pay back the money!! If you don't think that you will be able to make an investment that pays back to you, then don't borrow.

Now, when it comes to mortgage equity, the things get more serious. Your real estatge judgement will have to be good. So, again, education is the key to success!

So, if you want that fur coat, work harder for it so you don't get in debt!

Mortgage oh NO MORE Mortgage

One common debt that many people have to deal with in this great nation comes from mortge. See, with mortgage, and all debt, you either have the money or you don't. It's really that simple. The simplest solution to getting out of your mortgage trouble is to just borrow money! There you have it. A great rood over your head!

Common sense lad, common sense. You didn't have to get that mortgage to begin with. Before paying for a house with money you didn't have only to run up more debt with money you didn't have, now you are having credit problems, and go off and borrow money from dubious sources. Soon you'll even be in jail!

Something must be done to reform this current disastrous system. Mortgages are bad, and we demand. Consumers, THINK IN THE LONG TERM when it comes with your finances.

Debt Networks

One might think of debt as if it were a spiderweb. You are the fly tha tthe creditors want to catch in their nets. This web is a network of interconnected nodes which the spider fiber connects. Thus, we have a simple way to conceptualize debt, though it might not be the easiest to understand.

This understanding problem is because you and only you know the exact circumstances of your finances. Without knowing ones self, one cannot go to some oracle and say: Hey, how do I get out of debt? More about that later.

A Debt Free New Year

Its almost New Year. If you are in debt, it would be best advised that you do not splurge on the celebration. Instead, use this night as one in which you pledge not to spend tons of money. Next year, when you are out of debt, you can put double the money into your victory celebration. The year begins tonight, not January first. Then you'll likely have to work more. You will just have avoid spending beyond your means tonight.