Bad side of debt - Deepstash
Bad side of debt

Bad side of debt

On the other hand, bad debt refers to borrowing money for things that lose value overtime. These debts often come with high-interest rates and can trap you in a cycle of financial stress.

It means paying for unimportant things which makes your goals harder to achieve.

Let's see some examples👇

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Debt can be your best friend or it can be your worst nightmare depending upon how you use it.

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