If money stress is painful, why do people go into debt? Is there something attractive about debt that lures us out of our safe place and into the perils of owing someone else money? Obviously there is or we would not go there! If I were to tell you that debt was only a problem if it was bad debt, would you start to wonder what planet I was from? How could debt possibly be good? Today in the Succeed With Money podcast David and Carolyn are looking at the difference between good debt and bad debt and how we can all make better debt choices.
Creating your own personal Spending Plan will be one of the best things you ever did.
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