Good Debt vs. Bad Debt in 90 Seconds or Less

I’m impelled to go “back in time” to a topic that we discussed in April. Then, we discussed More vs. Enough—the lack of contentment that often leads to over-consumption. But with interest rates again hovering at record lows, I’ve been addressing good questions from people wondering if today’s historically low interest rates are a “game changer”? Should you now consider doing a cash-out refinance and investing the proceeds?Should you buy the car with a low or “no” interest loan?

Good Debt vs. Bad Debt. Is that the question? I challenge that entire premise in the next installment of the 90 Second Finance video blog series, and I encourage you to spend a couple minutes to check it out and post your comments, questions and criticism.

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