Debt is a part of life for most people. Whether you’re paying off student loans, using a credit card, or thinking about a mortgage, debt can shape your financial future. But not all debt is the same. Some debt can help you build wealth, while other types can drag you down. Understanding the difference between “good debt” and “bad debt” is key to making smart money choices. If you want to get ahead financially, you need to know which debts can help you and which ones to avoid.
