Bad Debt vs. Good Debt: Understanding the Difference in Property Investment ⎜ Ep. 1282
Mar 16, 2023
14:09
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In this episode, we discuss the difference between good debt and bad debt.
This includes a discussion about the types of debts that will hold you back from growing your wealth – credit card debt, personal loans, car loans and AfterPays.
Whereas, we define good debt as the sort of borrowing that will drive your wealth creation forward. For instance, student loans, loans that allow you to buy investment properties and business borrowing.
The Property Academy Podcast