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Good Debt vs. Bad Debt


Good Debt vs. Bad Debt
 
 
When it comes to taking on personal or non-business debt, many people, even so-called consultants, will tell you that there is “good debt” and “bad debt.”  Wrong! 
 
Please don’t buy into the “good debt” / “bad debt” discourse.  ALL personal debt is bad!  Now I am not necessarily talking […]

Bad Business Debt – Part II


Bad Business Debt – Part II
 
 
If all corporate debt is good, than why is one of the most successful companies ever to grace planet Earth completely debt free?  If debt is so good and provides so much so-called tax relief, why is the company that produced the richest man in the world debt […]

Bad Business Debt – Part I


Bad Business Debt – Part I
 
 
Is there such a thing as bad business debt?  After all, does not a business borrow so that it can create a product or a service that generates more or new income?  The answer here is clearly yes.  There is a need for businesses to borrow for certain […]