 TITLE: Is There Such a Thing as Good Debt? CONTENT: Is It Better to Have No Debt?\n-----------------------------\nYour grandparents may have hidden their money under the mattress and scoffed at the idea of owing anyone money. But in the 21st century, trying to live completely debt-free is difficult. What's more, it can actually cause financial problems down the road.\nUnless you take on good debt, you may not be able to buy a home or get a college education—all investments that can enhance your income or net worth.\nManaging debt responsibly also helps you build a good credit history. Since your credit scores can be a factor in everything from renting an apartment to getting a job, a good credit score can open lots of doors.\nIt's better to have no debt than to have bad debt—but having good debt and managing it wisely can be a smart financial move. END