For those who are accustomed to hearing that all debt is bad, when they’re told that there is actually such a thing as “good debt,” they’re often more than a little skeptical. This can be a hard concept for many people to understand.
Believe it or not, there are strategic ways to utilize debt to your potential advantage. The key is to understand which debts are good, and which ones are bad. Knowing the difference between the two can make a big difference in your financial life.
On this week’s podcast, I’ll tell you more about how to CAPitalize good and bad debt.