There Is No Good Debt and Bad Debt. Debt Is Debt.
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Like nails on a blackboard, the mere mention of this notion that there is good debt and bad debt, irritates me. Debt is debt.
So I was reading this article on a law enforcement site about debt faced by police officers and it was trying to rationalize the old good debt versus bad debt argument.
The concept of good debt is a fairly simple one. Anything that will be worth more than the initial loan at the loan’s end can be considered good debt.
Now there is where I start shaking my head. That is not evidence of good debt, that’s … Continue Reading
