Tag: cash on hand

From David, Our Foreign Correspondent

March 5, 2024

I am busy watching a Netflix documentary on Liliane Bettencourt, the heiress to the L’Oréal fortune and someone who is described as the richest woman in the world. Early on in the first episode they state that Madame Bettencourt is worth thirty billion Euros. Quite obviously, a very considerable sum. They also mention, and simulate … More From David, Our Foreign Correspondent

Cash On Hand…Or Debt Free?

January 19, 2020

I had a conversation last week with a young woman. She had received a year-end bonus that was almost equal to her credit card debt. She asked me if she should completely pay off her debt or hold onto the cash. I told her to hold on to the cash and pay her debt off … More Cash On Hand…Or Debt Free?