Is there good debt

Yes, there is such a thing as "good debt," which typically refers to loans that are used to invest in assets that can appreciate in value or generate income, such as mortgages for real estate or student loans for education. These types of debt can lead to financial growth and improved earning potential. However, it's important to manage them wisely to avoid excessive financial burden. Ultimately, the concept of good debt depends on individual circumstances and the purpose of the borrowing.