Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it plays a big role in how it impacts your finances. Bad debt is usually ...
When you hear the word, "debt," it's likely an immediate pit begins to form in your stomach. Debt means you owe money and if you don't pay it back, the balance you owe will grow even larger. But if ...
Figuring out when to take out a loan, pay cash, use leverage, or pass when something isn't affordable. Unpacking good vs bad debt. Myth: you should always pay cash if you can. Fact: investors should ...
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The Truth About Debt: It’s Not All Bad
Not all debt is created equal. In fact, there’s good debt and bad debt – a distinction that can make all the difference in your financial journey. Good debt is simple: it’s debt that someone else pays ...
Growing up, I was taught that debt was the enemy. My father was the perfect example of someone who avoided debt at all costs. He paid off his house in 18 years and always paid for his cars in cash. I ...
Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it plays a big role in how it impacts your finances. Bad debt is usually ...
We are conditioned to think that all debt is bad, made to feel bad about borrowing and taught that achieving freedom can be done only through eliminating all liabilities using the most aggressive ...
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