In recent years the word ‘debt’ has developed something of a bad name, but the truth is that not all debt is bad – in fact some types of debt can do you a power of good.
Going further than that, ‘good debt’ is one of the best ways to start leveraging the power of your money and to create passive income streams that help you develop real wealth. Without debt very few people would own a house or be able to use their high earnings to start building their ‘empire.’
Here we take a look at the steps you can take so that your debt serves you well, rather than endangering your financial future.