Debt has such a negative connotation associated with it. I think most of the negativity stems from the irresponsible issuance and management of debt. The Great Financial Crisis of 2008 came with a massive unwind of debt that had been building up over several decades prior to this defining moment in history. Is debt bad? Is it evil? Should it be avoided like the plague? My gut answer would be, “it depends.” I will get to that in a minute in more detail. But as a rule I would say that my philosophy is to earn interest rather than pay interest. At least that is my goal. At the end of the day I think there can be an argument made for …
