The purpose of this episode is talk about the difference between good debt and bad debt. Good debt is often regarded as any debt that can actually increase your net worth (education, starting a business, or real estate), while bad debt is often regarded as any debt that does not increase in value or create any additional income (cars, consumables, or credit cards). There are special considerations when it comes to determining whether something is good or bad debt, but that's ultimately up to the individual's specific financial situation.

Thanks for listening! Leave us a 5-star review on Apple Podcasts and let us know what you thought of this episode!

Brady Morgan's Instagram - https://www.instagram.com/bradymorgan_/

Entrepreneurism's Facebook - https://www.facebook.com/entrepreneurismpodcast

Entrepreneurism's Website - https://www.entrepreneurism.show/