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Podcast: This Property Life Podcast
Episode: Myth Buster: Debt Is Bad
Description: Mark Winship is joined by Emily Smith to discuss the commonly-held myth that debt is bad. As they discuss, debt isn't always a bad thing, and may require an adjustment when it comes to mindset...
KEY TAKEAWAYS
Changing our mindset about money isn't just a property issue. It should be a business issue. Money is a tool, and some debt can be far more useful than constantly saving in order to invest.
There is a systemic belief that life should be spent saving, mortgages should be paid off, and debt should be avoided at all costs.
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