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68. Managing Money in Your 30s with The Dow Janes

Financial Feminist

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The Difference Between Good Debt and Bad Debt

Not all debt is created equal. Good debt can be debt that you have used strategically, which is why in the business world they refer to debt as leverage. We differentiate between what we call sprint debt and marathon debt. Some types of debt are bad for your financial health but certain types of debt can be used positively by people who know how to use them.

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