For those who owe a lot of money to creditors, debt can seem like a really bad thing.  And the bigger the debt, the worse the situation.  And for those on the other side of the spectrum, those who are essentially debt-free, life can certainly seem a lot easier, at least financially speaking.

There's no shortage of financial pundits who tell you how much better your life will be if you eliminate all of your debts.  But is this really sound advice?   Perhaps not.  There may be some instances where debt can actually work in your favor.

Find out more about ways to CAPitalize your debt on this week's podcast!