Don’t Finance Long-Term Assets with Short-Term Debt
This might seem obvious in retrospect, but here are some reasons why you should not finance long-term assets with short-term debt.
Beginning your financial journey and learning about personal finance can seem awfully overwhelming. But instead of trying to solve the entire puzzle at once, it’ll be easier (for your mind and for your psyche) to break it down into sections that are more easily digestible.
This might seem obvious in retrospect, but here are some reasons why you should not finance long-term assets with short-term debt.
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Medical school may not have taught you about money, but we will.
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