Good Debt vs. Bad Debt: Are You Building Wealth or Losing Money?
Is debt helping you build wealth—or putting your business and financial future at risk?
In this episode of the Know Your Numbers podcast, Chris McCormack breaks down the difference between good debt and bad debt and shares four important tests to consider before borrowing money.
Learn how to evaluate the return on your debt, determine whether an investment can generate enough cash flow to cover its costs, understand the risks of personal guarantees, and assess your options if things don't go according to plan.
Chris also explores how debt can support real estate investments and business…
The skinny
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