Category: good debt

Bad Debt vs Good Debt: A Useful Guide

In previous articles, I have used the terms “good debt” and “bad debt,” and the latter term undoubtedly has seemed like somewhat of an oxymoron to some. Getting into debt is considered a cardinal sin to many who give advice within the personal finance world. But, while some high-interest debt, such as credit cards, can…


In Your Debt: 3 Times Debt Can Be a Helpful Tool

In some corners of the personal finance advice world, getting into debt is just about the worst thing you can do. And yes, some forms of debt—particularly those that charge high interest rates—can keep you locked in a cycle of owing money for years. Still, there are times where taking on debt serves a purpose…