KEEP THIS IN MIND IF YOU'RE THINKING ABOUT LOANING

If you're thinking about loaning then here is one thing you should remember... you should have the same exact amount of money in your pocket that you're going to loan. Meaning if you will loan 100,000 bucks then you should have 100,000 bucks too in your pocket.

A good debt is a debt that will be use for business and not for gadgets, television, vacation and any other things that will never produce money. You will only loan if you are going to use it for business. You should have the ability to pay that loan right away so you must have the equivalent amount of it in your pocket. The idea here is to lessen the pressure on your shoulders, you will have the ability o think clearly if you know that there is no danger waiting for you, the business will run better and you don't have to worry anymore how to pay the loan if your business is not going well.

WHY WILL YOU LOAN IF YOU HAVE YOUR OWN MONEY? Because that's what rich people do, they know how to make the money rotate, they know how to play with other people's money. Even the big companies have debts, even the richest man have debts. It's because for them money is just a toy that they can play, they can borrow it, they can use it for a better cause but they have their own money if something goes wrong.