Comments on: Tips on Budgeting – Good and Bad Debt http://sweatingthebigstuff.com/tips-on-budgeting-good-and-bad-debt/ Spending Wisely: Making Smart Personal Finance Decisions Wed, 08 Feb 2012 02:07:00 +0000 hourly 1 By: N.W.Journey http://sweatingthebigstuff.com/tips-on-budgeting-good-and-bad-debt/comment-page-1/#comment-13624 N.W.Journey Fri, 17 Dec 2010 00:42:53 +0000 http://sweatingthebigstuff.com/?p=2381#comment-13624 I do agree with Lauren, I think ultimately the best goal for a peaceful, stress-free life is no debt. Since for most people this is highly improbable, your post gives a great break down of where our priorities should be. This was a very good read, thanks for the informative post! I do agree with Lauren, I think ultimately the best goal for a peaceful, stress-free life is no debt. Since for most people this is highly improbable, your post gives a great break down of where our priorities should be. This was a very good read, thanks for the informative post!

]]> By: Lauren http://sweatingthebigstuff.com/tips-on-budgeting-good-and-bad-debt/comment-page-1/#comment-2729 Lauren Mon, 07 Jun 2010 18:28:01 +0000 http://sweatingthebigstuff.com/?p=2381#comment-2729 I do think that using the terms "good debt" and "bad debt" are deceptive to most people. This is a clear explanation of why the terms are used. However, debt is debt. Although good debt may be helping your credit score if you make payments on time, it's also debt which can be passed down to your children or to other loved ones if not paid off before you die. Both "good debt" and "bad debt" cause unnecessarily stress and aggravation. Great post! I do think that using the terms “good debt” and “bad debt” are deceptive to most people. This is a clear explanation of why the terms are used. However, debt is debt. Although good debt may be helping your credit score if you make payments on time, it’s also debt which can be passed down to your children or to other loved ones if not paid off before you die.

Both “good debt” and “bad debt” cause unnecessarily stress and aggravation.

Great post!

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