Morne Lubbe
  • Strand
  • South Africa
Share on Facebook

Morne Lubbe's Friends

  • Charles Lubbe
  • Amanda Henson

Morne Lubbe's Page

Profile Information

Business Name
Website URL

Morne Lubbe's Blog

Replacing Short-Term Debt with Long-Term Debt

Posted on July 11, 2012 at 8:30am 0 Comments

Basic Economic Principle: Only a fool replaces short-term debt with long-term debt.

Wow, that's quite a harsh statement, but a statement that will stick in your mind when the financial pressure is so high and there just doesn't seem to be a way out.

Consolidating your debt into your mortgage loan just seems to make so much sense when you're under pressure to pay the bills, but is this a wise…


Comment Wall (1 comment)

You need to be a member of Small Business Bonfire to add comments!

Join Small Business Bonfire

At 4:25pm on July 11, 2012, Amanda Henson said…

Welcome to the Bonfire! Please don't hesitate to let me know if there is anything I can do to help you be more successful in the community.


About the Small Business Bonfire

The Small Business Bonfire is a social, educational and collaborative community founded in 2011 for entrepreneurs that provides actionable tips and tools through a small business blog, a weekly newsletter and a free online community.

Subscribe to Our Newsletter


© 2019   Created by Alyssa Gregory.   Powered by

Badges  |  Report an Issue  |  Terms of Service