Understanding Good Debt vs. Bad Debt Another important aspect of mastering money is understanding debt. Often, in church, we hear that debt is the most evil thing on the planet. But there’s a difference between good debt and bad debt. In the church, we tend to label all debt as bad. But Jesus said, “lend to those who ask you.” Now think—if it's wrong to borrow, it must also be wrong to lend. One can’t be right and the other wrong. Does that make sense? Bad debt is debt used for liabilities. Good
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