This is the sixth episode of the “Personal Finance Tips and Chips” Series.
"Debt is like any trap, easy enough to get into, but hard enough to get out of." - Henry B. Shaw
But not all debt are bad as even wealthy people take loans in order to have enough cashflow to invest in assets and businesses.
So how do you distinguish a good debt from a bad debt?
In this episode, you get to learn 5 questions to consider before you decide to take a loan and be in debt.
These questions will give you an insight on how you can distinguish good debt from bad debt so get listening to find out!
Don't forget to comment your thoughts or questions either via the comment section of this episode or via 𝕏 (formerly Twitter).
Important links ⬇️
• 𝕏: x.com/financewithkb
• Telegram: t.me/everythingfinancewithkb
• IG: instagram.com/everything.finance_
• Tiktok: tiktok.com/@everything.finance_
Thank you once again for listening.