A Quote by Jim Rohn
Life is a process of accumulation. We either accumulate the debt or the value, the regret or the equity.
Related Quotes
You also need to understand that when you consolidate credit card debt into mortgage debt - like a home equity loan or a HELOC [ home equity line of credit ] - you're taking an unsecured debt and turning it into a secured debt.
Equity is the cushion that protects financial institutions from unexpected changes in the value of their assets. The greater the leverage, the smaller the losses required to wipe out a company's equity, leaving it without enough money to repay the people who hold its debt.
In India, one has to have faith in equity. What are the alternatives - real estate, debt? If debt can give you 6 percent, equity can give you 15 percent.
Life is accumulative - Either our errors accumulate to what we don't get, or our wise decisions accumulate into what we do get.
A consolidation makes sense only if you can lower your overall interest rate. Many people consolidate by taking out a home equity line loan or home equity line of credit (HELOC), refinancing a mortgage, or taking out a personal loan. They then use this cheaper debt to pay off more expensive debt, most frequently credit card loans, but also auto loans, private student loans, or other debt.
Housing wealth - the net equity held by households, consisting of the value of their homes minus their mortgage debt - is the most important source of wealth for all but those at the very top.
I regret that I was never an athlete. I regret there isn't time in life. I regret that so many of my friends have died. I regret that I was not brave at certain times in my life. I regret that I'm not beautiful. I regret that my conversation is largely with myself. I'm not part of the conversation of the world.
We really wake up every day trying to build businesses. That is the goal of private equity. It's a misnomer out there that private equity profits by shrinking companies. In fact, it's just the opposite. Private equity creates value by growing great companies.
I'm struck by the fact that by and large equity capital doesn't play a big role in new financing; it's either bonds or internal financing but not really equity. And therefore, it's not clear that anything which improves the equity markets has really much to do with the productivity of the economy as a whole.
Our experience is that most entrepreneurs are able to attract debt, even for risky and early stage investments. There are investors who provide debt, but very few who fund through equity.
I wanted a feeling of accumulation. I really wanted the moments to add up because they do add up. I wanted to come up with a strategy that would allow these moments to accumulate in the reader's body in a way that they do accumulate in the body.
[Avoid] likewise the accumulation of debt.
It's time to start thinking differently about money and debt and start the healing process - and the process toward wealth and freedom. 'Freedom from Bad Debt' can get you started.
Fear exists in the process of accumulation and belief in something is part of the accumulative process.
You're trying to sleep off a debt that you've lumbered your brain and body with during the week, and wouldn't it be lovely if sleep worked like that? Sadly, it doesn't. Sleep is not like the bank, so you can't accumulate a debt and then try and pay it off at a later point in time.
If I regret leaving City, I'd regret leaving Madrid, I would regret Arsenal, and I would regret maybe even Metz, where I started off. So I have no regrets in life; life is too short to start regretting things.
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