http://irregularpayments.com/2007/09/02/state-of-the-debt-september-07/ one random couple Sat, 19 May 2012 18:46:00 +0000 hourly 1 http://wordpress.org/?v=3.3 http://irregularpayments.com/2007/09/02/state-of-the-debt-september-07/comment-page-1/#comment-15952 John Hunter Sun, 02 Sep 2007 19:27:12 +0000 http://irregularpayments.com/2007/09/02/state-of-the-debt-september-07/#comment-15952 Congratulations. What you are comfortable with is a very important factor in what is right for you. On the issue of good v bad debt, yes I would say that is probably the wrong way to look at it. But it does make sense, I believe, to look at the whole financial picture and some level of debt is acceptable in a healthy financial plan. And when looking to pay off debt there is a balance between what is sound financially and allowing current purchases. This is heavily influenced by personal preferences (how must risk one is willing to take, how much one dislikes debt...) within the bounds of something that is reasonable financially (there is a great deal of room for different tactics that are all reasonable). Congratulations. What you are comfortable with is a very important factor in what is right for you. On the issue of good v bad debt, yes I would say that is probably the wrong way to look at it. But it does make sense, I believe, to look at the whole financial picture and some level of debt is acceptable in a healthy financial plan. And when looking to pay off debt there is a balance between what is sound financially and allowing current purchases. This is heavily influenced by personal preferences (how must risk one is willing to take, how much one dislikes debt…) within the bounds of something that is reasonable financially (there is a great deal of room for different tactics that are all reasonable).

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