<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	>
<channel>
	<title>Comments on: Get Rich with Excessive Debt</title>
	<atom:link href="http://kclau.com/wealth-management/good-debt-bad-debt/feed/" rel="self" type="application/rss+xml" />
	<link>http://kclau.com/wealth-management/good-debt-bad-debt/</link>
	<description>A Malaysian compiling Lots of tips and advices on personal financial planning - Protect, accumulate, preserve, and manage your WEALTH wisely!</description>
	<pubDate>Thu, 28 Aug 2008 15:40:37 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.5</generator>
		<item>
		<title>By: KCLau</title>
		<link>http://kclau.com/wealth-management/good-debt-bad-debt/#comment-38875</link>
		<dc:creator>KCLau</dc:creator>
		<pubDate>Fri, 27 Jun 2008 02:41:07 +0000</pubDate>
		<guid isPermaLink="false">http://kclau.com/2007/09/21/good-debt-bad-debt/#comment-38875</guid>
		<description>it is unavoidable if you want your own home.
We only have three kind of relationship with money - earn it, spend it, or save it (invest).

Buying our home is more towards "spend it" category.
That depends on your own priority.</description>
		<content:encoded><![CDATA[<p>it is unavoidable if you want your own home.<br />
We only have three kind of relationship with money - earn it, spend it, or save it (invest).</p>
<p>Buying our home is more towards &#8220;spend it&#8221; category.<br />
That depends on your own priority.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: peter</title>
		<link>http://kclau.com/wealth-management/good-debt-bad-debt/#comment-38304</link>
		<dc:creator>peter</dc:creator>
		<pubDate>Tue, 24 Jun 2008 13:06:39 +0000</pubDate>
		<guid isPermaLink="false">http://kclau.com/2007/09/21/good-debt-bad-debt/#comment-38304</guid>
		<description>interesting point here.. however isn't it unavoidable if i need to buy a house when i get marry (first home)?</description>
		<content:encoded><![CDATA[<p>interesting point here.. however isn&#8217;t it unavoidable if i need to buy a house when i get marry (first home)?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Financial Security: How you feel it? &#124; KCLau's Money Tips</title>
		<link>http://kclau.com/wealth-management/good-debt-bad-debt/#comment-27718</link>
		<dc:creator>Financial Security: How you feel it? &#124; KCLau's Money Tips</dc:creator>
		<pubDate>Sun, 23 Mar 2008 23:05:15 +0000</pubDate>
		<guid isPermaLink="false">http://kclau.com/2007/09/21/good-debt-bad-debt/#comment-27718</guid>
		<description>[...] Get Rich using Excessive Debt [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] Get Rich using Excessive Debt [&#8230;]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: KCLau</title>
		<link>http://kclau.com/wealth-management/good-debt-bad-debt/#comment-10096</link>
		<dc:creator>KCLau</dc:creator>
		<pubDate>Sun, 02 Dec 2007 18:04:00 +0000</pubDate>
		<guid isPermaLink="false">http://kclau.com/2007/09/21/good-debt-bad-debt/#comment-10096</guid>
		<description>Hi Fatduck,

If you are referring to Scenario 1 - buying a bigger house, that's exactly the way how poor people get poorer. 

Scenario 2 is the way to get rich. The rich spend money to acquire assets. The poor spend more money for own consumption.</description>
		<content:encoded><![CDATA[<p>Hi Fatduck,</p>
<p>If you are referring to Scenario 1 - buying a bigger house, that&#8217;s exactly the way how poor people get poorer. </p>
<p>Scenario 2 is the way to get rich. The rich spend money to acquire assets. The poor spend more money for own consumption.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: FAtduck</title>
		<link>http://kclau.com/wealth-management/good-debt-bad-debt/#comment-10087</link>
		<dc:creator>FAtduck</dc:creator>
		<pubDate>Sun, 02 Dec 2007 17:10:41 +0000</pubDate>
		<guid isPermaLink="false">http://kclau.com/2007/09/21/good-debt-bad-debt/#comment-10087</guid>
		<description>If you cant afford to pay for the mortgage of your current home, how do u expect to pay the mortgage of a bigger house.. What if what i earned is just enough to pay the mortgage and support my family, then your plan of buying a bigger house wont work. the bank definitely wont loan u money as u wont be able to pay the mortgage of a bigger house.</description>
		<content:encoded><![CDATA[<p>If you cant afford to pay for the mortgage of your current home, how do u expect to pay the mortgage of a bigger house.. What if what i earned is just enough to pay the mortgage and support my family, then your plan of buying a bigger house wont work. the bank definitely wont loan u money as u wont be able to pay the mortgage of a bigger house.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: My Debt Relief Plan &#187; carnival of wealth building ideas - October 10, 2007</title>
		<link>http://kclau.com/wealth-management/good-debt-bad-debt/#comment-3347</link>
		<dc:creator>My Debt Relief Plan &#187; carnival of wealth building ideas - October 10, 2007</dc:creator>
		<pubDate>Thu, 18 Oct 2007 13:16:28 +0000</pubDate>
		<guid isPermaLink="false">http://kclau.com/2007/09/21/good-debt-bad-debt/#comment-3347</guid>
		<description>[...] presents Get Rich with Excessive Debt posted at KCLau&#8217;s Money Tips, saying, &#8220;This article shows you how the rich get richer [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] presents Get Rich with Excessive Debt posted at KCLau&#8217;s Money Tips, saying, &#8220;This article shows you how the rich get richer [&#8230;]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Personal finance money tips - October 6, 2007</title>
		<link>http://kclau.com/wealth-management/good-debt-bad-debt/#comment-2490</link>
		<dc:creator>Personal finance money tips - October 6, 2007</dc:creator>
		<pubDate>Fri, 05 Oct 2007 22:03:35 +0000</pubDate>
		<guid isPermaLink="false">http://kclau.com/2007/09/21/good-debt-bad-debt/#comment-2490</guid>
		<description>[...] week, I showed you how to Get Rich with Excessive Debt posted at KCLau&#8217;s Money Tips. This article shows you how the rich get richer with excessive [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] week, I showed you how to Get Rich with Excessive Debt posted at KCLau&#8217;s Money Tips. This article shows you how the rich get richer with excessive [&#8230;]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Thank Goodness It's Banana! &#124; TheLocoMono</title>
		<link>http://kclau.com/wealth-management/good-debt-bad-debt/#comment-2473</link>
		<dc:creator>Thank Goodness It's Banana! &#124; TheLocoMono</dc:creator>
		<pubDate>Fri, 05 Oct 2007 12:21:05 +0000</pubDate>
		<guid isPermaLink="false">http://kclau.com/2007/09/21/good-debt-bad-debt/#comment-2473</guid>
		<description>[...] good article Get Rich with Excessive Debt by KCLau&#8217;s Money Tips but should be retitled as How to Grow Your Income with Excessive Debt or something like [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] good article Get Rich with Excessive Debt by KCLau&#8217;s Money Tips but should be retitled as How to Grow Your Income with Excessive Debt or something like [&#8230;]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Debt Consolidation Lowdown &#187; Blog Archive &#187; Carnival of Debt Management #25</title>
		<link>http://kclau.com/wealth-management/good-debt-bad-debt/#comment-2358</link>
		<dc:creator>Debt Consolidation Lowdown &#187; Blog Archive &#187; Carnival of Debt Management #25</dc:creator>
		<pubDate>Mon, 01 Oct 2007 09:11:11 +0000</pubDate>
		<guid isPermaLink="false">http://kclau.com/2007/09/21/good-debt-bad-debt/#comment-2358</guid>
		<description>[...] presents Get Rich with Excessive Debt posted at KCLau&#8217;s Money Tips. This article shows you how the rich get richer with excessive [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] presents Get Rich with Excessive Debt posted at KCLau&#8217;s Money Tips. This article shows you how the rich get richer with excessive [&#8230;]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: How to Solve Money Worries Blog Carnival</title>
		<link>http://kclau.com/wealth-management/good-debt-bad-debt/#comment-2285</link>
		<dc:creator>How to Solve Money Worries Blog Carnival</dc:creator>
		<pubDate>Fri, 28 Sep 2007 19:36:59 +0000</pubDate>
		<guid isPermaLink="false">http://kclau.com/2007/09/21/good-debt-bad-debt/#comment-2285</guid>
		<description>[...] presents Get Rich with Excessive Debt posted at KCLau&#8217;s Money Tips, saying, &#8220;This article shows you how the rich get richer [...]</description>
		<content:encoded><![CDATA[<p>[&#8230;] presents Get Rich with Excessive Debt posted at KCLau&#8217;s Money Tips, saying, &#8220;This article shows you how the rich get richer [&#8230;]</p>
]]></content:encoded>
	</item>
</channel>
</rss>
