MMS #7 | Bad debt - the junk food of the financial world. How to tackle it?!

In this episode of Money Made Simple, Liv and Jennie are tackling debt! This episode is part one of two, focusing first on what we call the "bad" type. Acknowledging that things aren't always as black and white as "good debt" or "bad debt", they explain why they are making this distinction and what the implications of bad debt are, in the short and long term.This week's episode covers:What exactly we mean by "bad" vs "good" debt The long-term impacts of bad debtThe pros and cons of...