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Teenager Takeover: Debt both Good & Bad
Teenager Takeover: Debt both Good & Bad
Today, the teenagers discuss how debt can be used to provide a better life. Debt can be bad or good depending on how you use it. It is just another tool. It is a form of leverage. It is a way to start with start with virtually nothing and catapult to success.
Using debt in this inflationary environment is just good math. The problem most people have with debt is not the debt itself. It is what they use it to buy. If you only buy cash flowing assets that cover the cost of the debt payments it can make you rich. If you use a credit card to go to Disney…
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