Debt is dangerous and should be avoided at costs.

Question

Quizplus · Accepted Answer

While having too much debt can be detrimental to one's financial health, not all debt is necessarily dangerous or should be avoided at all costs. In some cases, taking on debt can be a strategic decision in order to finance investments, start a business, or make other long-term financial decisions. It is important to assess individual circumstances and weigh the potential risks and rewards before deciding to take on debt.

Debt Is Dangerous and Should Be Avoided at Costs