Debt has become such a dirty word these days, and in many cases, there is good reason for that. Americans are saddled with unheard of amounts of debt and the problem is not just going to go away. In some cases, debt is absolutely necessary, while in others, it is beneficial. The key is knowing which kinds of debt to avoid, and which ones to focus on. Let’s take a look at some scenarios of taking on debt, and whether or not it would be worth it.
Scenario #1 –
“Stuff” You’ve just bought a new house or moved into a new apartment.
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Hi gang,
One year ago today, I woke up.
THE BAD
That’s really the best way that I can describe it. I’ll try to explain. When you are 383 pounds, your entire life is foggy. You are tired all the time. You cannot think very well. Your brain automatically finds reasons not to move, and the irony of it is that your brain is trying to help you. Because you CAN’T move. Not very well, anyway. It is hard to get out of a chair. It is hard to walk upstairs. It is hard to walk around your office. You are, in a way, sleepwalking through your day.
You may certainly say to others that you are happy, but you are not happy. Sure, you can
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– Jeff Bussgang is a General Partner at Flybridge Capital Partners, an early-stage venture capital firm in Boston. This post originally appeared on Bussgang’s blog www.seeingbothsides.com. The views expressed are his own. –
I’ve been worrying lately that we are suffering from a lost generation of entrepreneurs.
That was my first reaction when I read what Sequoia’s Doug Leone said a few weeks ago about innovation and age at a recent talk with MIT Sloan students visiting Silicon Valley. Leone claimed only people under the age of 30 are truly innovative. Over 30 folks can manage innovation, Leone observed, but you need to be under 30 to create it. He cited
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Less than one in 20 credit cards offers cashback rewards today on card spending, while over a quarter of cards offered this six years ago, according to a study by data provider Defaqto.
Reward cards generally fall into four categories: Airmiles, cashback, points schemes and shopping rewards.
As cashback offers can be the most expensive of these four, David Black from Defaqto believes providers will begin to pare them back as the cost of the recession hits their balance sheets.
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— Admin @ 8:31 pm — 
January 31, 2010