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You have to pay off your debt before you can invest! Or you can't invest as much because of the debt.

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11y ago

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Is there a constitutional limit to the size of the national debt?

There is no constitutional limit on the size of the national debt. Congress establishes a limit above which the debt cannot go. However, it periodically raises this limit as the need for more spending arises.


How safe are money market accounts compared to other investment options?

Money market accounts are generally considered safe compared to other investment options because they are low-risk and offer stable returns. They are insured by the FDIC up to a certain limit, providing an extra layer of protection for your funds.


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Is there a limit in which you can be sued over credit card debt?

Your bank sets the limit. But yes.


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Where can someone find tips for investment options?

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What is the statutory limit before a debt becomes a 'bad debt write off'?

180 days


What is a debt ceiling?

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The investors who keep the investment until the debt instrument matures will receive the market rate of interest on their investment from the date of purchase.