Vik (vikceo)

Vik

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Started a new channel called financialfreedom . Please join if you are interested in achieving financial freedom

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Good debt vs bad debt If the debt is taken to generate income in the short or long term then it is a good debt. If it is to reduce your savings then it is a bad debt. For example buying a rental property is a good debt but buying a luxury car is a bad debt. Avoid bad debt

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Be able to track every single dollar you are spending is an absolutely essential step towards financial freedom. Only people who are in debt need to do it is a myth.

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