Money Mindset #2 – Good Debt vs Bad Debt – Can Debt Be Good?⎜Ep. 688
- Author
- Opes Partners
- Published
- Fri 30 Jul 2021
- Episode Link
- https://podcasters.spotify.com/pod/show/propertyacademy/episodes/Money-Mindset-2--Good-Debt-vs-Bad-Debt--Can-Debt-Be-Good-Ep--688-e153t9m
In this episode, we discuss good debt vs bad debt for NZ property investors. We define good debt as anything you borrow to purchase investable assets.
Whereas bad debt is anything you borrow that stops you from taking on good debt. That includes credit cards, personal loans, car loans ... and even personal owner occupier homes too.
We also mention that the second episode of The Deal has just gone live. Click the link to watch NZ's first property investment TV show.
