New Money Rules for Financial Security - #4. Handling Debt

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]The past decade saw the boom of the "power of leveraging" - a fancy name for debt. Until recently, most Americans put their purchases on their credit cards and personal savings fell to nearly zero. Credit was easy, and people used it to build wealth. Can building wealth with debt be a money rule?Rule #4: