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How Interest Affects Your Money: Why Small Decisions Matter More Than You Think
Most Canadians are taught one simple lesson:
"Debt is bad."
But real life isn't that simple.
Not all debt is created equal.
Borrowing to finance a vacation is very different from borrowing to invest in your education.
A credit card balance charging 20% interest behaves very differently from money compounding inside a TFSA.
Understanding that difference can change your financial future.
In Sabiha Mukadam's YouTube video, blog post and podcast episode for the Youth Corner she discuss:
Good debt vs. bad debt
The power of compound growth
Why big decisions matter more than your daily coffee
The…
The skinny
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