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When Is It A Good Idea To Go Into Debt?
08th November 2024Debt often gets a bad reputation. Most of us associate it with stress, high interest payments and the fear of any accidently missed repayments negatively affecting our credit reports. But not all debt is created equal. Sometimes, borrowing money can be a wise financial decision that helps build wealth and improve your future. In this blog we will explore good debt vs bad debt, giving examples of when going into debt is generally considered okay and when it is best to avoid debt.