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Give definition (not from google)
bad debt -
good debt -

1 Answer

7 votes

Answer:

Bad debt is money in bad or deprecating expenses causing harm to your wealth. Good debt is expenses made in something basically that will make you more money, like an investement. Take student loans for example. Taking on good amounts of debt to a service that will make you a lot more money in the future

Step-by-step explanation:

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