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How can I make debt a good thing?
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8
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Anonymous 3w

throw it all on black

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Anonymous 3w

Usually debts that are used for something like education are seen as good. This is because the debt is helping you pay for a goal that will ultimately make you more money (such as a degree or a certification)

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Anonymous replying to -> ybgcrakah 3w

What is that?

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Anonymous replying to -> #2 3w

I get that..but my debts to the government and a car. lol

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Anonymous replying to -> OP 3w

wdym government debt? Car debt isn’t inherently bad if it’s something you can afford to pay off and the car is still in good quality

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Anonymous replying to -> #2 3w

Ok cool, and just credit card debt I’d say my bad on the wording.. so in the end it’s just what the institutions say is good debt?? How do I make my debt good debt?

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Anonymous replying to -> OP 3w

debt in it’s entirety is a system made up, as all things are. There is no way to make your debt good. You can be a good debt borrower by paying it off in time, paying above the minimum when you can, only taking out loans you need (emergencies happen and that is okay!!), don’t hold yourself to a high standard when you’re young and just trying to survive. Bad debt is all debt kind of?

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Anonymous replying to -> #2 3w

Thanks!

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