Commandment no. 8: Make Money Work For You

Francisco Colayco teaches us his 8th commandment on personal finance.

Make Money Work For You!

Sometimes borrowing money is not bad if you know where to use it.  A debt is good if you are able to invest this and earn more than the interest rate of the debt.  Just make sure to pay back on time so as not to increase your debt because like your savings, your debt can also compound in interest.

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