There is no such thing as good or bad financial debt. Debt is debt. While deducting loan interest may help a bit come tax time, you are still slave to the lender until you pay it off.
Home loans and student loans are the only acceptable loans as both are taken on assets, a home or you, that will appreciate in time. However, don't be lulled by the interest rate deduction or keep either of these debts forever.
More Debt Management
Home loans and student loans are the only acceptable loans as both are taken on assets, a home or you, that will appreciate in time. However, don't be lulled by the interest rate deduction or keep either of these debts forever.
More Debt Management
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