Is the Bailiff Calling?
“Debt” is undoubtedly a four-letter word. In recent years the terms “good debt” and “bad debt” have entered the vocabulary with, unfortunately, far more than their fair share of meanings. These meanings range from tax deductible/non tax deductible through affordable/beyond budget and can include value judgements (by outsiders) that if you can’t afford to buy something that you want without borrowing you are committing financial sin. I do not know of any really wealthy family