Debt is a complex matter and there are many different terms and systems that you need to understand in order to have a firm grasp on the matter. However failure to understand debt can make the whole subject much more fraught and a lot of the difficulties that people have with debt come from a …
Being completely debt free means simply not having any debts to pay back, and technically this would mean being in a situation where you owed not a scent to anyone. However despite this, the majority of people would consider having only a small amount of debt as being debt free where it was expected. For …
When you’re in debt this effects more than just your bank account and can create all kinds of difficulties. For instance if you are struggling with debt then you will have a lot of difficulty getting out loans (which is bitterly ironic as this is when you are most likely to need a …
The debt to equity ratio is the ratio of shareholders’ equity to debt used to finance the company those shares are for. It’s a relatively complex concept, but it is central to understanding how to value companies and shares and to understanding how businesses are financed. To understand this better though, we need to understand …
The term debt ceiling refers to the maximum borrowing power of a government i.e. country. For many this is an abstract concept which does not resonate as the serious and pressing matter that it is. Essentially when the Federal Government experience large deficits through spending more than it is taking in (through taxation), then it …
As you enter your retirement you might start to think that you no longer need to think so much about your debt. You might have agreed a repayment plan over the next twenty years, so if you’re currently 90 then this might not seem that much of a real threat. Does it make sense then …
