Bankruptcy Lawyer Mobile AL | (251)694-0600 | Mobile AL Bankruptcy Attorney; what is your best idea to get rich and financial freedom?

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Question by www.money88.ws: what is your best idea to get rich and financial freedom?

Best answer:

Answer by cowgirl
You must not spend any more than you earn. Credit cards may get you into trouble, as you can amass lots of debt.
When I was young my parents had us save our money. When I got my first big job, I saved half my check, Yep, half.
Save, Save, Save. Don’t buy everything you think you need.
I’m not rich (money), but I don’t owe either, ANYONE.

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Freedom Finance; Does debt consolidation have to be reported in gross income?

Consumer loans and debt consolidation products. Daytime TV adverts featuring high production values rather than the usual to camera delivery. Part of an overall through the line integrated campaign.

Question by : Does debt consolidation have to be reported in gross income?
If someone is paying an 18% tax rate on a credit card debt and then take out a loan to pay off the debt (and pay 10% interest)…does this debt consolidation need to be reported in gross income when filing your taxes?

Best answer:

Answer by wg0z
there is no income here.

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