EP9_Good and Bad Debt
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EP9_Good and Bad Debt
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Welcome to UNCLOCKED
“Your money. Your rules. Your time.”
In this podcast we decode FinancialIndependence and talk to people on their journey and to those that have alreadymade it.
Our aim is to educate, share experiencesand thereby motivate others to consider a FIRE journey for themselves.
"Before we start, a quick reminder:everything shared here is based on our personal experiences, opinions and forinformational and entertainment purposes only. It’s not meant to be taken astailored financial advice. Investing involves risks. Your money is yourresponsibility, so make sure you do your own due diligence, or seek advice froma licensed financial adviser.”
In this Episode we cover: - the properties of good and bad debt- different forms of debt including: Buy-Now-Pay-Later, Current Account, Credit Cards, Car loans, Mortgages, Margin Loans
- Potential positive tax implications of loans
- How to use debt to accelerate wealth accumulation