Bad Debt

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8 Things You Should Never Finance, Ever
Yahoo Finance· 2025-09-20 21:18
You’ve likely heard by now about good debt versus bad debt. Good debt is the kind that isn’t a loss, meaning you finance something that tends to appreciate over time, like a mortgage or even the right car, and the interest you pay over time is worth it. Read More: New Law Could Make Electricity Bills Skyrocket in These 4 States Find Out: Mark Cuban Tells Americans To Stock Up on Consumables as Trump's Tariffs Hit -- Here's What To Buy Bad debt is the kind you enter into for items that are either fleeting ...
Graham Stephan confronted Dave Ramsey on the merits of 'good debt' — can you use it as a tool to build wealth?
Yahoo Finance· 2025-09-20 00:12
You can invest in real estate without taking on debt thanks to crowdfunding platforms like First National Realty Partners (FNRP), which let you pool your money with other investors and reap the rewards together.Ramsey, however, tries to avoid debt altogether. On “The Iced Coffee Hour,” he said using good debt is “a more effective way to grow fast if that’s your goal, but what people leave out of the discussion is that you’ve increased your risk exponentially. More debt is more risk, period.”In 2022, Stephan ...