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[ Mon, Dec 30th 2024 ]: Kiplinger
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[ Mon, Dec 30th 2024 ]: Vanguard
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[ Mon, Dec 30th 2024 ]: Forbes
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[ Mon, Dec 30th 2024 ]: RepublicWorld
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[ Mon, Dec 30th 2024 ]: Forbes
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[ Mon, Dec 30th 2024 ]: Indiatimes
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[ Mon, Dec 30th 2024 ]: MSN
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[ Mon, Dec 30th 2024 ]: MSN
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[ Mon, Dec 30th 2024 ]: AOL
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[ Mon, Dec 30th 2024 ]: Indiatimes
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[ Mon, Dec 30th 2024 ]: cnbctv18
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Sun, December 29, 2024
[ Sun, Dec 29th 2024 ]: Forbes
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[ Sun, Dec 29th 2024 ]: TechCrunch
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[ Sun, Dec 29th 2024 ]: Reuters
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[ Sun, Dec 29th 2024 ]: Forbes
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[ Sun, Dec 29th 2024 ]: Oregonian
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[ Sun, Dec 29th 2024 ]: richest
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[ Sun, Dec 29th 2024 ]: AOL
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[ Sun, Dec 29th 2024 ]: Outlookindia
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[ Sun, Dec 29th 2024 ]: Goodreturns
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[ Sun, Dec 29th 2024 ]: nation
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[ Sun, Dec 29th 2024 ]: MSN
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[ Sun, Dec 29th 2024 ]: TechCrunch
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[ Sun, Dec 29th 2024 ]: MSN
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[ Sun, Dec 29th 2024 ]: Tuko
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[ Sat, Dec 28th 2024 ]: SBS
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[ Sat, Dec 28th 2024 ]: manilatimes
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[ Sat, Dec 28th 2024 ]: Forbes
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[ Sat, Dec 28th 2024 ]: Reuters
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[ Sat, Dec 28th 2024 ]: MARCA
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[ Sat, Dec 28th 2024 ]: MSN
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Fri, December 27, 2024
[ Fri, Dec 27th 2024 ]: Mint
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[ Fri, Dec 27th 2024 ]: LifestyleAsia
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[ Fri, Dec 27th 2024 ]: kathmandupost
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[ Fri, Dec 27th 2024 ]: Bitdefender
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[ Fri, Dec 27th 2024 ]: CNBC
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[ Fri, Dec 27th 2024 ]: Reuters
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[ Fri, Dec 27th 2024 ]: Oregonian
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[ Fri, Dec 27th 2024 ]: News4Jax
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[ Fri, Dec 27th 2024 ]: Kiplinger
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[ Fri, Dec 27th 2024 ]: AOL
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[ Fri, Dec 27th 2024 ]: Fortune
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[ Fri, Dec 27th 2024 ]: MSN
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[ Fri, Dec 27th 2024 ]: Forbes
How Proactive Accounting Can Prevent Financial Mistakes

Wise debt or foolish debt?

The article "Wise Debt or Foolish Debt" from MSN Money discusses the concept of good versus bad debt. It explains that not all debt is detrimental; some can be considered "wise" if it leads to long-term financial benefits or personal growth. Examples of wise debt include mortgages, which can build equity over time, and student loans, which might lead to higher income potential. Conversely, "foolish" debt often involves high interest rates with little to no long-term value, like credit card debt used for non-essential purchases or payday loans. The article advises readers to evaluate their debt based on its purpose, interest rates, and potential for appreciation or income generation. It also emphasizes the importance of managing debt wisely by understanding one's financial situation, planning for repayment, and avoiding unnecessary borrowing.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/personalfinance/wise-debt-or-foolish-debt/ar-AA1wD7qj ]