Money School 5: Let's be reasonable about debt.

Money School with Mark Butler

There are people who treat money as a religion whose deadliest sin is being in debt. I'm no lover of debt, and I do plan to become and stay debt-free, but I don't think it's anything to shout or shame about. This episode offers a new perspective on debt, including a discussion of the reasons we get into debt (sometimes emotional, others not), the way to get out of debt without focusing on debt, and the difference between "borrowing" and "having debt."