A Quote by Mark McKinnon
Debt is a drag, a reality you may experience with every credit-card bill you open. But for a corporation or a government, it can be even more of a drag - on economic growth and job creation.
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Absolutely pay off credit card debt. If you're not getting a match in your 401(k) and you've got credit card debt, you've got to get yourself out of credit card debt. When you get out of credit card debt, your credit score goes up and interest starts to go down.
'Drag Race' doesn't claim to represent drag as a whole. 'Drag Race' is a reality show. If you see real drag shows, we just do drag and respect each other's art and who your real identity is - name, gender, hair color, anything.
When you default on a secured debt, the creditor takes the asset that backs up that debt. When you convert credit card debt to mortgage debt, you are securing that credit card debt with your home. That's a risky proposition.
People pull from drag culture because drag artists are - it's the ultimate art form and it's the last underdog art form. I mean, even clowns have college, you know what I mean? Drag queens, you have to learn drag from another drag queen.
I do drag. Just because my drag is not the drag of Creme Fatale or Holy McGrail doesn't mean it's less drag. I perform live; I just sing with dancers. It's drag on a different level.
The inspiration of my drag is the history of drag, the long tradition of drag queens being at the forefront of queer activism. That informs my drag style, and in a sense, that is the direction we need to go in the future.
But credit card debt is unsecured debt, which means if you get in trouble and cannot pay off your credit card, you can discharge it in bankruptcy. What are they going do to you? If you're in a financial position to just methodically pay off both credit card and student loans, pay them all.
Drag will always be a dynamic and powerful art form, and it is my duty now to honor the artists who have come before me while continuing to pioneer my own path and history by being open to growth and change as a human and a drag superstar.
I'm very interested in the more grass-roots consequences of the economic meltdown: issues related to mortgage foreclosures, debt collection, and the practices of credit card companies and others who hold a lot of consumer debt.
There's also consumer debt, the credit card debt that burdens many of the working families in America. Yes, we talk about national debt, and we're paying a lot down. But you're fixing to hear me tell you part of the remedy for people who have got a lot of credit card debt is to make sure people get some of their own money back.
If you have credit card debt and credit card companies continue to close down the cards, what are you going to do? What are you going to do if they raise your interest rates to 32 percent? That's five times higher than what your kid is going to pay in interest on a student loan. Get rid of your credit card debt.
Governments around the world are looking for economic growth and job creation. African economies are no exception, with increasing recognition that growth has to be built on a more diversified economic structure in order to make a lasting contribution to development.
I want to do something that is not just a pastiche of drag that's come before but is really authentically me. I try to tune out all the drag that's out there and tap into the drag that I was doing when I was a little kid - when I didn't even know the word 'queer' or that gay people were out there.
If you do not have at least an eight-month emergency fund, and you think there's a probability you could loose your job - and it's not just losing your job; you could be in a car accident, get sick - continue to pay the minimum on your credit card every month. Everything beyond that needs to go to establish an emergency fund. And if you have an emergency fund saved, then fund your retirement account before paying down credit card debt.
All taxes are a drag on economic growth. It's only a question of degree.
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.
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