6 July 2014

KiSHAN's: Limit What You Borrow - Invest your money

KiSHAN's: Limit What You Borrow - Invest your money:

Living on credit cards and loans won't make you rich.

 Warren Buffett has never borrowed a amount - not to invest, not for a mortgage.

 He has gotten many heart-rendering letters from people who thought their borrowing was manageable but became overwhelmed by debt.

 His advice: Negotiate with creditors to pay what you can. Then, when you're debt-free, work on saving some money that you can use to invest.