Debt is a dirty word. Try and stay away from it as much as possible. Ever heard this before? Well, youre not alone. Yet contrary to common theory, debt isnt always a bad thing. In fact debt can indeed mean development. You’ve just got to change your mindset about why you use it, so the how to use it right becomes simpler.
The importance of financial literacy
In case youre reading this and wondering why youre not more across the how-to of debt, let me assure you, this is not a case of you – its us. And when I say us, I mean Australians.
The basics of financial literacy arent taught in schools, and yet money makes the world go round. As a nation, our basic financial literacy is actually relatively low. According to a study conducted by t…
Read the full article at: https://au.finance.yahoo.com/news/what-is-the-difference-between-good-and-bad-debt-230410222.html