Planning tip: Defining good and bad debt

Debt is a four-letter-word, but it doesn’t always have to have negative consequences.

  37

by

Online only.

  37

91522830
Debt is a four-letter-word, but it doesn’t always have to have negative consequences. If you haven’t heard already, there is a difference between “good” and “bad” debt.

Good debt is money you borrow for things that rise in value, such as a house, education or investments such as mutual funds. Bad debt is money you borrow for things that quickly decline in value, such as a vacation, entertainment or clothes.

Pay off bad debt first before attacking good debt. Why pay extra interest on something that’s no longer providing a benefit?

37 comments on “Planning tip: Defining good and bad debt

  1. Okay, that’s a good start but i’ll have to take a look at that a tiny bit more. Will show you just what else i have found.

    Reply

  2. Well, that is certainly very good, but how about additional options we have here? Do you mind making another article regarding all of them also? Kudos!

    Reply

  3. Hm, Now i am comfortable with this however not 100 % sure, so i am going to research even more.

    Reply

  4. i thought this was a really great post to read. i’ll check back for new posts by you!

    Reply

  5. i’m adding your blog rss feed so that i can see your new posts. keep up the good work!

    Reply

  6. i’m adding your blog rss feed so that i can see your new posts. keep up the good work!

    Reply

  7. great post! i’m bookmarking this!

    Reply

  8. Hey very nice blog!!. Such a type of blog post will definitely click to numerous viewers. A good article and useful for its written content. Many thanks for sharing it up! A rise in A rise in An increase in.

    Reply

  9. i’m adding your blog rss feed so that i can see your new posts. keep up the good work!

    Reply

  10. i thought this was a really great post to read. i’ll check back for new posts by you!

    Reply

  11. Just stumbled upon your website while doing a Google search. Great info BTW.. Just bookmarked your site! I’ll be back to check out your future postings. A shapely A shapely : ).

    Reply

  12. i thought this was a really great post to read. i’ll check back for new posts by you!

    Reply

  13. i thought this was a really great post to read. i’ll check back for new posts by you!

    Reply

  14. Your blog is so informative keep up the good work!!!!. Hey very nice blog!! Man .. Beautiful .. Amazing .. I will bookmark your blog and take the feeds also… Additional A lot more Amazing.

    Reply

  15. Wow! what an idea ! What a concept ! Beautiful .. Amazing. What made you think about such a topic. Its funny I am not the only one that feels that way about it. Keep it up! Agreeable : ) Amazing.

    Reply

  16. I was aware about this already, but still there have been several useful bits which completed the picture for me personally, thanks a lot!

    Reply

  17. I’m aware of this already, but still there was clearly some helpful bits which finished the picture to me, thanks for your time!

    Reply

  18. That looks good nonetheless i’m just still less than certain that I prefer it. Regardless will look even more into it and decide for myself! :)

    Reply

  19. I’m aware of this already, but nonetheless there are a few helpful bits that completed the image for me personally, thanks!

    Reply

  20. It’s hard to find knowledgeable individuals on this matter, but you sound like you already know what you’re talking about! Thanks. My sis advised me about your site and how great it is. She’s right, I’m really impressed with the writing and slick design. A rise in Amazing Additional.

    Reply

  21. I want to show my admiration for your kind-heartedness for those people that absolutely need assistance with this one subject matter. Your personal dedication to passing the message all over appears to be certainly practical and have frequently permitted most people like me to attain their pursuits. Your amazing insightful tutorial can mean a whole lot a person like me and especially to my fellow workers. Thank you; from everyone of us.

    Reply

  22. I together with my buddies ended up examining the great tips from the website then the sudden got a horrible suspicion I had not expressed respect to the website owner for those techniques. All of the boys were definitely certainly very interested to study all of them and now have clearly been taking advantage of those things. Many thanks for really being well accommodating as well as for deciding on variety of brilliant useful guides most people are really needing to understand about. My sincere apologies for not saying thanks to sooner.

    Reply

  23. Thanks for the recommendations shared in your weblog. One more thing I would like to convey is that weight reduction is not about going on a celebrity diet and attempting to lessen as a lot weight that you’ll be able to in a couple of days. One of the most helpful way to burn fat is by using it slowly and gradually and appropriate after some basic recommendations which can allow you to create probably the most from a attempt to lose weight. You could recognize and be following a number of of these suggestions, nevertheless reinforcing details by no means affects.

    Reply

  24. There are some fascinating deadlines in this article but I don’t know if I see all of them heart to heart. There is some validity however I’ll take hold opinion until I look into it further. Good article , thanks and we wish more! Added to FeedBurner as effectively

    Reply

  25. Thank I en route to goings-on this! A cool always on he altarpiece I can’t troubadour until define several.

    Reply

Leave a comment

Your email address will not be published. Required fields are marked *