debt management: Does 'good' debt exist?
mymoney.iafrica.com | debt management Does 'good' debt exist?
Iona Minton helps us determine the difference between 'good' debt and 'bad' debt in this iafrica.com article. We can use good debt when appropriate, dump bad debt, and learn to save for purchases. That way, our money earns us interest rather than us paying debt interest.
So, in other words, bad debt is when you borrow money to pay for items that do not increase in value or help you earn more income... Nowadays we often finance items that have no intrinsic ... holidays, designer clothes and even designer food on credit. ... So, in other words, bad debt is when you ...
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