‘I Have A Lot Of Good Debt’
From Yahoo Finance: 2025-06-07 08:23:00
Real estate investor Graham Stephan explains the benefits of using debt to build wealth. Good debt allows you to earn more than you spend, like collecting $3,500 in cash flow from a $3,000 rental. By borrowing money at a 10% APR for business and getting a 50% ROI, debt can be productive. Avoid high credit card balances with high APRs. Cars used for business with a 6% interest rate can be treated as good debt and offer tax deductions. Real estate also provides tax benefits. Debt, when used wisely, can accelerate wealth-building.
Read more at Yahoo Finance: ‘I Have A Lot Of Good Debt’