RE: You are only in debt when you don't understand the breakdown of finances.

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You are only in debt when you don't understand the breakdown of finances.

in hive-152587 •  2 years ago 

You are absolutely right. We all are in debt. As I have stated there are good debt and bad debt. Mortgage is sure good debt. On the other hand, if someone have to depend on debt/loan to meet his end needs, there's no good in it.
I'm mostly talking about the day to day expenditure and financial calculation.
Thanks.

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Im glad to see how responsive you are @iamjohn

Respect :)