Bad debt

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Debt problem, obligation or financial loan crisis, liability or credit failure, no money to pay for debt, mortgage default concept, business man run away from heavy wrecking ball with the word debt. Happy Gandhi Jayanti, Quitting Job, Credit Debt, Bad Debt, Gandhi Jayanti, Wrecking Ball, Debt Relief, Financial Problems, No Money

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Ever heard of good debt and bad debt? 🧐  We're here to break it down:  ✅ Good Debt - A loan that has the potential to increase your net worth  ❌ Bad Debt - A loan to purchase depreciating assets  This is not to say you should never acquire bad debt - the reality of it is, we all need certain things to get by, like a vehicle, goods and services, and credit cards. But focus on minimizing your bad debt and investing in good debt that should pay off later, like your education, real estate, or a sma Reducing Debt, No More Credit Card Debt, Debt Consolidation Loan, Bad Debt, Debt Consolidation, Budget Envelopes, Student Loan Debt, Money Matters, Budgeting Money

Ever heard of good debt and bad debt? 🧐 We're here to break it down: ✅ Good Debt - A loan that has the potential to increase your net worth ❌ Bad Debt - A loan to purchase depreciating assets This is not to say you should never acquire bad debt - the reality of it is, we all need certain things to get by, like a vehicle, goods and services, and credit cards. But focus on minimizing your bad debt and investing in good debt that should pay off later, like your education, real estate, or a…

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