Seven Myths about Debt
It’s time to set the record straight on the lies that our culture has told us about debt and borrowing.
myth
Debt Myth #5: “Everybody’s Doing It”
It’s easy to justify our borrowing by saying that everybody’s doing it. But are they?
Debt Myth #4: “Good Debt”
You may have heard that things like student loans are “good debt.” But is there such a thing as good slavery?
Debt Myth #3: “I Can Make the Payments!”
You may be able to “afford” the monthly payments, but financing leads to bum deals, and never-ending payment cycle.
