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WAW072: Does Good Debt Exist?
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WAW072: Does Good Debt Exist?
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One of these days, your Uncle Bob will lecture you about “good debt” and “bad debt”. It’s pretty obvious that things like credit cards and debts you owe to the mob are bad. But what does Uncle Bob mean when he says that some debt are good? Are student loans considered good debt? What about car loans and mortgages? Should you get one of those too? Well, let’s sit back, put on your headphones and let’s hear what Uncle Kevin and Uncle Van has to say about this alleged “good debt”.
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