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Is car debt bad for your financial health?

Car debt can be bad for your financial health because it can lead to high monthly payments, interest costs, and potential financial strain if you can't afford it.


Is it true that investing in gold is considered a bad financial decision in today's market?

Investing in gold is not necessarily considered a bad financial decision in today's market. Gold can be a valuable asset for diversifying a portfolio and protecting against economic uncertainties. However, like any investment, it carries risks and may not always provide high returns. It is important to carefully consider your financial goals and consult with a financial advisor before making any investment decisions.


Can financial leverage be zero?

Yes, it is possible for financial leverage to be zero. Whomever is wanting to control or buy/sell an asset would be required to put up the entire cost of the contract. For example, if you wanted to buy a house that was worth $200,000, if you put down $20,000 and took the rest out in a loan, that would be $200,000 / 20,000 = 10 or 10:1 leverage. With zero leverage, or 1:1 leverage, reusing the example above, you would be required to put up the entire $200,000 to buy the house. Not bad if you have the entire $200,000 to put up, and this would guarantee that you have fully covered the cost of the asset you are purchasing. Usually most people favor leverage, so that they can use the money to do other things. Cash is still king, and you usually want to hold on to as much of it as practically possible.


How can I deal with bad debt mortgages?

Everybody has bad debt right now and banks and other financial services are willing to help. The option of refinancing is always good but i prefer you check out your local credit union instead .


Are wars always bad?

not always.


How long does it take to get bad credit?

As long as it takes to make a bad financial decision.


How is buying a home with bad credit possible?

Most financial institutions will not finance a home if one has issues with bad credit. There are bad credit mortgages which some banks offer to individuals. The interest rate on these loans can be very high, often tripled that of regular interest rates.


Twenty-four dollars a week would really have been riches to us if we hadn't had to support that jug because of the jug we were always sailing pretty close to the wind. What is the role of the idiom in?

To explain that bad habits are creating a bad financial situation


Why inventory decrease is bad from financial point of view?

It is not bad. It means that the business is selling its products!


Do people with a high self esteem become involved with drugs alcohol or a potential bad crowd at school?

No.because people with high esteem always think positively before they react


Where can one refinance their bad car credit?

One can refinance their bad car credit at different companies. Some of the companies that offer refinance of a bad car credit are Prescott Financial, Harbor Credit and Fleet Financial.


Is a higher APR good or bad for my financial situation?

A higher APR is generally bad for your financial situation because it means you will pay more in interest on loans or credit cards.