Good Debt vs Bad Debt
The word debt is often tied to the idea of borrowing. With that relation in mind, we’ll discuss the differences.
Today, we hear “Debt is bad. Get out of debt. Pay down your mortgage. No debt is the way to go. Debt free living is a must for financial freedom.” I think people have really scared themselves about this topic.
But do you remember, back in the day, when we kept hearing that fat and cholesterol are bad? You’d find people at the grocery store looking at the labels to ensure they weren’t in the foods they were buying.