Types of Debts

Debts are basically of TWO TYPES - 
1. Good Debt 
2. Bad Debt

Do  Understand the Difference between both of them... 

Avoid debts on products that will not appreciate in value.

Use Financial Intelligence teaches to avoid reckless spending from your ACTIVE INCOME  on  ULTRA LUXURY ITEMS on HUGE EMI's.

Debt is Generally a Burden. 

Always prefer SIP over EMI's.

Do concentrate on Generating  at least 5 PASSIVE INCOME  Sources.

Have a Great festive Week Ahead....

Happy Investing😊
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