Debt: The Surprising Path to Riches 🤑

Think again if you believe debt is always a bad thing! 💭 Most people view debt as a four-letter word (literally! 🤣), but the truth is, there's good debt and bad debt. 💡

Bad debt makes you poor, while good debt can make you rich! 💸 It's essential to pay off bad debt or avoid it altogether. Bad debt takes money out of your pocket, whereas good debt puts money in! 💰

Here's the difference:

🚫 Bad debt: Credit cards used for depreciating items like TVs, cars, and vacations.
💰 Good debt: Loans for investment properties that generate cash flow and put money in your pocket!

The more bad debt you have, the more you'll struggle. The more good debt you have, the richer you'll be! 💸 Be smart, and make debt work for you, not against you! 💪

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