Finance OS: Paying Off Expensive Debt
The Meaningful Money Personal Finance Podcast
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How to Avoid Expensive Debt
Leverage amplifies both the gains and the losses. In extreme cases, if you borrow to invest, you could end up losing more than your original stake. It can get very nasty very quickly. We understand that it's insidious. We need to be handled with care,. better still avoid expensive debt if at all possible.
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