In this episode of Murphy On Money, Murphy dives into a MurphyOnMoney.com post that discusses the question, is there such a thing as good debt?  

Maybe there are two kinds of debt,

Consumer debt (like credit cards) and
Debt used to create income (like a mortgage on a rental property) 
Considering the average household in the U.S. has $16,748 in credit card debt, Murphy thinks we can agree that most debt is bad for our financial wellbeing, Murphy poses the question... Should we be using debt at all?

Read the post, comment, and contact Murphy here: https://www.murphyonmoney.com/is-there-such-a-thing-as-good-debt/

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