BUS 215 Week 4 DQ 2 ( Debt Reduction ) - A Graded - Best Tutorial - Quality Work
You read in Chapter 13 that it is vital to reduce your credit card balances and other consumer credit before beginning an investment program. You also need to start an emergency fund in case of immediate need. Why do financial advisers make such recommendations? Why should you reduce spending on credit before investing? Why shouldn't you carry large consumer debt and invest at the same time? On the surface, these questions may sound silly but there are sound reasons for asking them. Post your position in the discussion board in at least 200 words incorporating your rationale with supportive references. Respond to at least two of your classmates' postings.
Need Other Tutorials For BUS 215 ?
You may click on the links below to go to respective tutorial.
Purchase the answer to view it
What is estate planning and why do I need it (or not)? What elements are contained in an estate plan? Do I need an attorney to help me prepare an estate plan? What is a trust and how …
Long-Term Financial Health
Investigate at least five different savings and investment vehicles, including savings deposit accounts, mutual funds, IRAs, 401ks, 403bs, etc. Determine the …
Choose one of the following organizations and visit its website:
- Credit Network- provides information on credit card rates
- Federal Trade Commission- provides information on how …
Real Estate Investments
Despite the crash of 2008 and 2009, real estate remains a solid investment over time. Why might this be the case? What is it about real estate that makes it a good …
Read David J. Marotta’s article, “Seven Tax-Planning Strategies to Dodge the Tax Bullet.” Based on the information presented in the article, discuss the following:
- What is tax planning?