Debt is bad… or is it? A common misconception people have is that all debt is bad. After all, you’re put at the mercy of the person or institution that lent you money. The truth, however, is not as clear-cut as it seems. Let us help you gain a better understanding of what debt is and how some debt can help you earn rather than lose. What is Debt, Really? Debt, at its core, is money owed by one party to another. In a debt arrangement, the borrower is permitted to make the loan