ALL this talk from politicians about good debt and bad debt is just another way of confusing the issue.
Treasurer Scott Morrison’s new approach to ‘good’ and ‘bad’ debt will be interesting to hear when he cuts details of the Budget 2017-18 loose at approximately 7.30pm (AEST) on Tuesday 9 May 2017, as he commences his second reading speech.
Oh joy.
But what this plethora of weasel words used by the bean counters of Canberra around the budget generally results in is less for us and more for them.
So in the meantime, here’s a tongue-in-cheek real-life guide to sorting out your finances.
While good, bad and ugly debt is subjective, remember anything which will make your long-term future brighter, happier, safer and a better place to be, p…
Read the full article at: https://www.northernstar.com.au/news/the-good-the-bad-and-the-ugly-of-debt/3173059/