Written by Reed Tinsley, CPA |
January 30, 2009
Over time, people and businesses seemed to have forgotten that any money borrowed needs to be repaid. Remember, leverage equals risk. Make 2009 a year to pay down some of your personal debt (saving on personal interest costs is a higher return on investment that what you’re probably getting with any of your current personal investments). Perhaps you can delay the purchase of a new car, scale down your awesome vacation, or settle for a 37 inch flat screen TV.
About the Author
Reed Tinsley CPA
This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on
accounting & tax,
practice management, and
financial planning.
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