Does good debt exist?

A frugal person tries to define good debt and bad debt. When does it make sense to get a personal loan? You know me; I’m a frugal person and I hate debt of all kinds. I hate it even more now that I have too much of it, than I used to hate it when I avoided it like the plague. But some debt does make sense, so sometimes a loan makes sense. Here are a few times that even I don’t mind going into debt… Buy a home. Let’s face it, if you wait until you …
Read entire story here.