Good Debt vs. Bad Debt

Just like there are two sides to Danny Trejo, there are two sides to debt: good😇 and bad. 😈

Good debt are things that help make the foundation for generational wealth and make Danny Trejo give a lil sonrisa. 😇Things like student loans, ‍🎓 mortgages, 🏠 and business loans are all building towards your future.🌟

Bad debt are things like credit card debt, car loans and consumer loans that do little to help your financial sitch. They’re muy peligroso, like Danny Trejo as Machete. 😈

Pero “sonrisa” debt 😇can turn into Machete😈 if you don’t consider all sides. Like, your student loan shouldn’t be more money💰 than you expect to earn in the first year on the job.

With any loan, always ask yourself if the debt will pay you back more than what you put in. If you answer yes, grab some Danny Trejo Tacos 🌮 and continue building your financial wealth.🌟

What kind of good and bad debt do you have? 👇🏽