Examples Of Good Debt. The beauty of good debt is that it's essentially an investment, just like a stock or bond. You're spending money now in the expectation of getting your.
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Credit card debt is an example of this: If you have a high-interest credit card and pay off your. A home loan, according to Bach, is an example of better debt. Historically an example of good debt is real estate investment property.
Let's take a look at why.
Medical debt, for example, doesn't neatly fall into the "good" or "bad" debt category.
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Another example of what might be considered a good debt is a student loan. A home loan, according to Bach, is an example of better debt. Think of your debt as a small hill of dirt in your back yard.