Good Debt vs. Bad Debt

Is debt acquired to purchase something that is going to benefit you financially in the future, usually with low interest. That means it's either going to generate income or allow you to make more money in the future.

Examples of good debt:

It's not easy to split people into the good/bad strategy decision-makers.

• Track records are useful to some extend. Those with business degrees seem to be good signs, but they may differ on what works. Veterans look promising, but so do outsiders with new ideas.
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Nothing that happens is completely good or bad. If you pay a closer look to it you'll find an advantage even in the things you see as bad.

• Develop the habit to see what happens around you as events, circumstances, cause...