Скачать или смотреть Good Debt vs. Bad Debt explained by AI - Hacking life

Many people struggle with managing their finances and end up in debt. But not all debt is created equal. There is a difference between bad debt and good debt, and knowing how to distinguish them can help you improve your financial situation and achieve your goals.

Bad debt is money that you borrow to buy things that lose value over time or do not generate any income. Bad debt usually has high interest rates and fees, and it does not help you build wealth or assets.

Good debt is money that you borrow to invest in something that will increase in value or generate income in the future. Good debt usually has low interest rates and fees, and it helps you build wealth or assets.

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