Good debt is what is helping you build your future to take from today and build a better tomorrow.
Such as a home mortgage that builds equity and is a place for you and your family to live and thrive.
It can also be a business loan, which allows you to build a way to provide you and your family’s future when providing jobs and a beneficial service to your community.
Student loans can be good too, but be very cautious, they can’t be forgiven or used in bankruptcy and may take 30 years to pay off. They will stifle you from owning a home or building a future. Only use them if you have too when all scholarship and other means is exhausted. Pay them off as soon as you can. If you will not have the income to pay them off early, do not get them and just…
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