Ontario & Alberta Mortgage Professional reveals 5 ways BAD DEBT limits your life

OK, today we’re going to talk about BAD DEBT and why you need to avoid it like the plague. There are two kids of debt: Good debt and bad debt. Good debt is used to buy assets that provide positive cash flow and/or appreciate in value. Bad debt, on the other hand, is used to buy doodads that depreciate in value. Here are 5 ways BAD DEBT limits your life. If you're looking for a top-notch mortgage professional in Toronto, call us at (866) 492-4024.