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You are here: Home / Archives for debt

debt

Good Debt vs. Bad Debt: What’s the Difference?

July 21, 2020 By Cade Hildreth 1 Comment

You may have never thought that the words good and debt could be used in the same sentence. However, there is a such thing as good debt.

But beware, all money that’s borrowed from a creditor has to be managed, or things can go south. According to the Federal Reserve Bureau, consumer debt grew to a record $4.19 trillion in December 2019. Those numbers are staggering.

If you’re going to achieve financial freedom, then understanding good debt is one of the lessons that you’ll need to master. As the wealthy know, it’s nearly always the tool used to achieve rapid accumulation of wealth. [Read more…] about Good Debt vs. Bad Debt: What’s the Difference?

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Filed Under: Finance, Investing Tagged With: debt

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“As an entrepreneur, investor, and former USA Rugby Player, I share here the lessons I’ve learned along the way.” -Cade Hildreth

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