Business Wisdom: To Borrow or Not To Borrow
If borrowing is a bad idea for your personal finances, it’s probably bad for your business too.
credit
Debt Myth #6: “But it’s Impossible!”
Do you trust in debt to solve your impossible situations? Or do you believe that with God, all things are possible?
Debt Myth #3: “I Can Make the Payments!”
You may be able to “afford” the monthly payments, but financing leads to bum deals, and never-ending payment cycle.
Debt Myth #2: “Credit is a Safety Net”
Counting on credit and debt to rescue us from emergencies is a recipe for financial disaster.
