What is the difference between good and bad debt?

How many examples of bad debt can you name? Do you know the differences between good and bad debt?

In this video, our very own Russell Leeds clearly and concisely explains it. If you watch anything today, let it be this because you’ll be wiser.

Examples of bad debt include:

  • Cars
  • Holidays
  • Weddings

How many more can you think of?

 

 

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