Comments on: Is there such a thing as Good Debt?

By: jamiebatts

jamiebatts — Fri, 18 Jul 2008 21:05:05 +0000

thanks. i get it ,now.

chris — Fri, 18 Jul 2008 19:30:56 +0000

A more streamlined version
(with acknowledgement to Francois Viljoen)

Good debt: It makes you more money than it costs you.

Bad debt: Not Good Debt!

Francois Viljoen — Fri, 18 Jul 2008 15:55:34 +0000

@Jamie: Hehe… sorry for the jargon! Here’s an executive summary for you:

Good debt: It makes you more money than it costs you.

Bad debt: It just eats your money. Full stop.

jamiebatts — Fri, 18 Jul 2008 15:45:39 +0000

i think i will have to read this a few more times before i get it.