I dont know much about money, except for the fact that I like it, I have a little bit of it, and would like to have more of it. Ahead of the May budget, I consulted the world wide web to find out what this whole good debt, bad debt business is that Scott Morrisons been going on about. Took a ride on the information superhighway down to financial education town. Surfed the net all the way into some remuneration education.
What I learnt there is that debt is good if it helps you build wealth, and also that all my debt is bad. This made me feel bad, and I have decided to never learn anything new ever again.
As Scott Morrison has explained (and I use the term explained lightly), there is a distinction between debt that contrib…
Read the full article at: http://www.sbs.com.au/comedy/article/2017/04/28/how-turn-your-bad-debt-good-debt-because-were-all-screwed-anyway