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Get out of debt – book excerpt

One way to get out of debt is to know the difference between good debt and bad debt. Chapter 9  -- IS ALL DEBT BAD? An excerpt from the book: Live Rich Save Money! Get Out of Debt Forever in 17 Amazing Ways, by Lois Center-Shabazz In this book, I encourage you to get out—and stay out—of debt. But the question must also be asked, “Is all debt bad?” The Answer- No, not all debt is bad. Debt needs to be carefully selected, and used only when absolutely necessary. The following are lists of good debt versus bad debt. After reading my lists, make your own. GOOD DEBT VERSUS BAD DEBT GOOD DEBT Good debt is debt that is ...