Yes, there is something call good debt. Good debt is a debt you take for the purpose of generating investment income or business income. But some time good debt become bad debt if you fail to generate an income bigger that interest cost of the debt.
Yes, there is something call good debt. Good debt is a debt you take for the purpose of generating investment income or business income. But some time good debt become bad debt if you fail to generate an income bigger that interest cost of the debt.