In an article some time ago, we talked about how you can clear your debts effectively, we covered questions such as “do I clear my debts starting from the smallest or largest debt” by providing a step by step process as well as identifying the pros and cons of each method but before you do that, how do you know if your debt is good or bad? Good Debt vs Bad Debt If you are just starting out your financial journey or your first time learning about debt, you may be surprised that not all debt is bad but how can you tell the difference between good debt and bad debt? ...  ...