Understanding the Difference Between Good Debt and Bad Debt
In this video,I discuss the differences between good debt and bad debt, and how they impact an individual's financial future. Good debt, such as investment properties or business ventures, can generate income and provide tax benefits, while bad debt, like consumer purchases, does not create value and can hinder one's ability to acquire valuable assets.I also provides examples of each type of debt and encourages viewers to learn more about using good debt effectively
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