Dave Ramsey teaches people to hate debt. Which is great if your goal is peace of mind. And terrible if your goal is wealth. Good debt is not about interest rates. It’s about cash flow. 💸 If the debt buys something that takes money out of your pocket every month that’s bad debt. 🏡 If the debt buys an asset that puts money into your pocket every month that’s good debt. This is why so many people stay broke while doing “everything right.” They race to pay off debt on things that never made them m
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Dave Ramsey teaches people to hate debt. Which is great if your goal is peace of mind. And terrible if your goal is wealth. Good debt is not about interest rates. It’s about cash flow. 💸 If the debt buys something that takes money out of your pocket every month that’s bad debt. 🏡 If the debt buys an asset that puts money into your pocket every month that’s good debt. This is why so many people stay broke while doing “everything right.” They race to pay off debt on things that never made them m
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