Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it plays a big role in how it impacts your finances. Bad debt is usually ...

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Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it plays a big role in how it impacts your finances. Bad debt is usually ...

Most people carry some kind of debt — credit cards, car loans, student loans, maybe even a mortgage. It’s a normal part of life for many families. But here’s the truth: not all debt is created equal.

Ken McElroy gives his reaction to a discussion about good debt vs bad debt. He talks about how he uses equity and debt to buy ...

Question: About ten years ago, my husband and I lent our son-in-law $250,000 to start a new business. Unfortunately, the business has been losing money, and he will be shutting down the operation. We ...