For an audio version of this post, please click on the speaker icon (top left).
Welcome to this session of grand rounds, a collection of posts I have discovered in the blogosphere and have found of interest and hope you do too.
This offering of Grand Rounds looks at articles from around the web that deal with the issues from being in debt.
Investing in bonds and equities is a positive thing for building your net worth.
But what about debt? How does it fit in the overall picture?
FI Physician has a great take on debt and how we should view it in, “Debt is Like a Negative Bond.”
It may seem like you are in a deep hole if you find yourself in debt.
Climbing out of debt may feel insurmountable.
All is not lost as The Female Money Doctor shares some tips in, “How To Get Out Of Debt For Good!”
It would be amazing if you could just pay off all debt at once.
However, unless you won the lottery, it is very unlikely you will be able to do so.
Decisions should be made about which debt should be paid down first.
For those with a home mortgage as well as mortgages on rental properties Financial Success MD offers some advice in, “Which Mortgage to Pay Off First: Home or Rental?”
I have previously written how I decided to pay off my mortgage and debt instead of using the extra cash to invest instead.
There are some people who like to live a leveraged life and prefer to funnel money into investments rather than paying down debt.
Is this the better course of action?
Prudent Plastic Surgeon debates this topic in, “What’s Better? Should You Pay Off Debt or Invest?”
No one likes being in debt but not all debt is considered bad.
Sure it is easy to call debt you incur by buying materialistic things bad.
But what qualifies as good debt?
The Frugal Physician gives some pointers in, “When is debt good?”
Hope you enjoyed the reading material.
Have a great rest of the week.
If you are in search of financial help, please consider enlisting the service of any of the sponsors of this blog who I feel are part of the “good guys and gals of finance.”
Even a steadfast DIY’er can sometimes gain benefit from the occasional professional input.
NOTE: The website XRAYVSN contains affiliate links and thus receives compensation whenever a purchase through these links is made (at no further cost to you). As an Amazon Associate I earn from qualifying purchases. Although these proceeds help keep this site going they do not have any bearing on the reviews of any products I endorse which are from my own honest experiences. Thank you- XRAYVSN