Most of us today know all about living with debt. You'd like to find a way to do better than get by and still pay off your debts. It just isn't normal to spend beyond our means and then live in a mountainous paper house of debt. So how is it possible to build wealth and take care of your debts?
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Necessity is the mother of invention and the liquidity drought, coupled with the capital adequacy requirements of Basel III, have made many banks increasingly reluctant to lend to companies. A host of alternative means to raise company financing have resulted, ranging from corporate and retail bonds to catastrophe bonds and dim sum bonds. What other means can companies employ to woo potential investors and reduce their reliance on bank funding?
I speak from bitter experience when I write this article, as I had to claw my way out to get out of card debt in the past. What I want to make clear is that it does not matter how much you have to repay, you must realise that there is a way to get out of credit card debt.
Debt consolidation is a highly ethical, reputable way to manage certain kinds of debts, but many people do not know much about it. Worse, many people who might benefit from don't have a clear understanding of how it works and how it can help them. Here are ten commonly believed myths about what debt consolidation is... and isn't!
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Do you know what is driving the biggest wealth building opportunity of your life time? More importantly, do you know how to take advantage of this opportunity? If you ever wanted to break out of your 9 to 5 job and live a life full of freedom then you must read on.
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