I have a passion for personal finance… I can’t get enough… I read about it, I think about it, and now I write about it.
Why does the Internet need another personal finance blog?
All personal finance blogs that I have read vilify debt, demonize it even…
I have read numerous books and articles that detail the difference between good debt and bad debt. Television financial experts tell us that debt is not a bad thing. That its all about how you manage debt. We have been taught that good debt
You may already know about good debt and bad debt. But have you heard of ugly debt? This article explains the meaning and differentiates these three kinds of debt.
Through the past few years, many of us have been conditioned to believe that being in debt is a bad thing. While it certainly may be true that debt is dangerous in the wrong hands, there are actually many ways that debt can be very effective and can actually help you get more money.
I’ve been holding off on writing about this debate for a long time. Part of me wanted to ignore it and lump all debt into the bad category. Another part of me wanted to fight the corner of good debt.
Debt holds you down. When you pay off a debt, it is as if you immediately get a monthly raise by the amount of your old payment. Look forward to that freedom as a reason to keep paying off debt.
Recent comments
4 hours 38 min ago
4 hours 35 min ago
4 hours 46 min ago
6 hours 57 min ago
7 hours 24 min ago
7 hours 31 min ago
10 hours 28 min ago
14 hours 2 min ago
2 days 18 hours ago
1 week 11 hours ago