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Good Debt vs Bad Debt – Is all debt bad? Many wealthy people became that way by using good debt. In this video I will tell you how to know the difference between good debt vs bad debt and when you should consider taking on more debt.
Dave Ramsey preaches that you should not have any debt under any circumstance. While I agree there is a lot of bad debt out there that you need to avoid, there are definitely some circumstances where taking on debt makes a ton of sense.
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Rich McCormack, CFP®
