Every time we open our eyes and see the debt dandy full, we are more likely to be thinking about it than the actual debt. Whether it’s a job, a home, or something else, it’s just a matter of time before you realize it isn’t worth it.
Like most of the other things that we feel, like debt, its easy to over think about it. We get really excited about buying a house and get really excited about buying a car and it takes a little while before we realize that the money we spent on the car is not going to actually save us from losing our house or car. That’s because we are looking at it from the perspective of what we have instead of what we could get.
Well I for one am glad that we don’t have to look at it this way. But there are also some that would like to see us spend more time planning out our financial future. We’d love to see a lot more debt and less debt. We’d just love it more. The end result is that the money we are putting toward debt will actually be spent on something that will help us move forward. It’s like a real life balance sheet.
Like any other business, debt is a good thing if it results in a profit. Debt is bad if it results in the loss of our business. Debt is good if we have the ability to pay it back. But we have to be careful to avoid the temptation to go into debt if we don’t have to. Because if we are tempted to go into debt that is the time when we will get into trouble.
So how much debt does one person need to pay back? Well, in our study of over 500,000 businesses, it turns out that there is a clear “money flow” effect that occurs when we have debt. It is the opposite of the “cash flow” effect, where a company has less cash than it had before it started getting debt.
The question is how can we get into debt? Well, one possible way is to be told that we have to pay back some money. As an example, in the movie Moneyball, an investment firm tells a high school basketball coach that he has to pay back his student loans. The coach says, “I’m out of money, man” and then gets stuck with the debt. In the end, the coach ends up having to ask the coach who he needs to borrow the money from.
Yes, the lesson here is that money has a way of doing more damage than good. As an example, the company that made the movie Moneyball was forced to repay the $24 million it took in order to make the movie. When the movie was released, it earned almost $25 million in tickets on its opening weekend alone. So yes, if we can get paid back our debts, we have to be careful with that.
In the end, the coach ends up having to ask the coach who he needs to borrow the money from. Yes, the lesson here is that money has a way of doing more damage than good. As an example, the company that made the movie Moneyball was forced to repay the 24 million it took in order to make the movie. When the movie was released, it earned almost 25 million in tickets on its opening weekend alone.
In the case of the movie Moneyball, the movie was a success, and therefore the film maker was able to continue to make movies. In fact, it was the original version of the movie that got the most attention. In the case of the movie Debt, the movie is a failure and the filmmaker is unable to make any money from it. In the end, the coach has to ask for the loan from the coach.
The point is that you can’t make a movie if you don’t have a script. Especially when you make a movie that’s successful, you’re going to have a story to tell and you’ve got to start with something. In the case of the film Moneyball, the movie was a success, and therefore the film maker was able to continue to make movies.
