Of Good and Bad Debt
Have a quick look at those two men over there; Steve and James. They have the same education; same job type, and are of the same age – but have different outcomes in life. Steve had a knack for accumulating credit card debt; James focused on wise investment loans. Today they live in different worlds; albeit next to each other.
To get ahead in life, you have to really understand the difference between good and bad debt. Good debt takes you ahead in the long term while bad debt pulls you back. (more…)
