TITLE

Borrow and build wealth

AUTHOR(S)
Walkley, Pam
PUB. DATE
February 2006
SOURCE
Australian Women's Weekly;Feb2006, Vol. 76 Issue 2, p163
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article offers insights on good debt management. Using good debt to acquire income-producing assets, such as shares and property, can help build real wealth. There is no doubt that many Australians are comfortable with high levels of debt. Most financial planners urge us to pay this off as fast as possible, because they do not receive any tax breaks on the interest paid on a loan for the family home.
ACCESSION #
19749914

 

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