004 - Good Debt vs. Bad Debt

In Ep. 004, Tim and Tom break down the differences between "good debt" and "bad debt".  However, it's not always so black and white.  They break down the most universal types of debt: mortgages, car loans, student loans, credit card debt, small business loans, home equity loans, and more!  Each type of debt can be considered good or bad depending on the individual, so be sure to listen to this episode to decide whether or not these types of debt are good or bad for you!

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Tim and Tom Mullooly from Mullooly Asset Management bring you "Living With Money". Tim and Tom will walk you through your financial life step by step. From the very basics of personal finance to in-depth financial planning and investing methods, you will truly learn how to live with money. With years of experience spanning multiple generations, Tim and Tom bring a unique perspective to your financial life, whether you're just starting out, or getting close to retirement. Through educational episodes, and interviews with guests from a number of industries, "Living With Money" will help you tackle topics like cash flow management, college planning, student loans, online banking, investing, retirement planning, estate planning, insurance needs, workplace retirement accounts, taxes, overall financial planning, and so much more. Let's get started.