Do You Own Good Debt or Bad Debt?

Do You Own Good Debt or Bad Debt?

If managed wisely, debt doesn’t always have to be a negative thing. Simply stated debt can be good when it produces a positive return or cash flow and bad when it does not. The following guide will help you differentiate the good from the bad, so that you can get a feel for the type of debt you hold.

Good vs Bad Debt

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