Owen Rascovich
👤 Speaker
1108
total appearances
Appearances Over Time
Podcast Appearances
Australian Finance Podcast
Expert Guest: Miss Money Box
Okay, so what's the next one?
Australian Finance Podcast
Expert Guest: Miss Money Box
These are really good.
Australian Finance Podcast
Expert Guest: Miss Money Box
I think what some people do is they think that a good debt is automatically something that goes up in value, a house, for example.
Australian Finance Podcast
Expert Guest: Miss Money Box
But it's not necessarily the case, for example, like a student loan.
Australian Finance Podcast
Expert Guest: Miss Money Box
It shouldn't go up.
Australian Finance Podcast
Expert Guest: Miss Money Box
If it does, it's at inflation or thereabouts, which is pretty slow, but...
Australian Finance Podcast
Expert Guest: Miss Money Box
People take out debt on the assumption that, for example, shares or an investment property are going to go up.
Australian Finance Podcast
Expert Guest: Miss Money Box
It doesn't necessarily make it a good debt either.
Australian Finance Podcast
Expert Guest: Miss Money Box
And like you said, there's a wide spectrum.
Australian Finance Podcast
Expert Guest: Miss Money Box
So things that aren't considered debt necessarily.
Australian Finance Podcast
Expert Guest: Miss Money Box
So we've talked about afterpay before.
Australian Finance Podcast
Expert Guest: Miss Money Box
That's a name that's got brought up once or twice.
Australian Finance Podcast
Expert Guest: Miss Money Box
I'd bucket that as a bad debt.
Australian Finance Podcast
Expert Guest: Miss Money Box
Yeah, they're probably the worst.