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Types of Debt: Good and Bad Debt

In todayu2019s financial world, debt is a common tool used by individuals and businesses alike. Whether youu2019re financing a home, starting a business, or paying for education, borrowing money can be helpfulu2014if done wisely. However, not all debt is beneficial. Understanding the difference between good debt and bad debt can help you make smarter financial decisions.

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Types of Debt: Good and Bad Debt

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