Posted on Jul 20, 2020
Good debt vs. bad debt: Why what you've been told is probably wrong
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"It’s worth revisiting this topic and understanding the new rules of the debt game. While student loans and mortgages can be used successfully to build wealth or increase your income, that isn’t always — or necessarily — the case. Using “good” debt successfully depends on a number of factors."
Good debt vs. bad debt: Why what you've been told is probably wrong
Posted from cnbc.com
Personal Finance
Finance
Loans
Money
Posted 4 y ago
Responses: 1
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Financial basics are so important that it should be required in all secondary education. The value of many college degrees financed by huge student loans are becoming less valuable and not as cost-effective as trade schools for many disciplines. This pandemic is spotlighting the problematic financial aspects of these educational institutions.
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