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Debt With Benefits - Episode 502

Happy Valentine's Day from The Crushing Debt Podcast!

What is "good debt?"

What is "bad debt?"

What is debt that is neither good or bad?

In this week's episode, Shawn & George talk about the difference between "good" and "bad" debt, including a four-question debt test:

Does the debt help you earn more money?

Is the interest rate under control?

Would "future me" thank "present me" for this decision?

If I lost my income tomorrow, would this payment wreck me?

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