Module 1 | Debt

The Basics of Debt

Good and Bad Debt

Most of us feel negatively about the word ‘debt’, but not all debt is bad. In fact, we categorise debt into ‘good’ and ‘bad’.

🤔 What is debt?

Debt is money that you owe another person, or a bank. It can be found in many forms - credit cards, mortgages, student loans, and more.