Thursday, July 24, 2014

Try to Restrict Borrowing Money to Things that Increase in Value

Steve Kaplan Marketing:

Try to Restrict Borrowing Money to Things that Increase in Value


Most of us decide whether or not we borrow money for something based on whether or not we can afford to pay it off soon. Business author Seth Godin suggests a different paradigm: try to only borrow money when the thing you’re buying increases in value.


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