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Learn the difference between good and bad debt, and how some debt can actually work in your favor. fizkes / Shutterstock.com
Editor’s Note: This story originally appeared on NewRetirement. Debt is a concept that can be both daunting and confusing. Most people think of debt as either a necessary evil or something to be avoided at all costs. Neither attitude is entirely correct. There is actually a time and place for debt in most people’s financial plans. You just want to make sure that you understand the differences…
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