From time to time I'm asked to speak to school kids in their final year.
I make an example of investment in Business V Investment in a Sports Car
both on credit as a powerful example of good debt V bad debt.
I'm often told this has a clear effect on some students.
Keeping it very basic.
i have always heard of the adage that there are two kinds of debt .......good debt and bad debt
the first produces income while the second has no financial benefit
with the current global situtation and the likes of rio's 42bl and ozl's 620ml or thereabouts, and they are just two of many...