Debt, Good or Bad?

“Every dollar of debt you have is a piece of your future the lender owns. Every dollar you have is a piece of your future that you own.” - Morgan Housel

This does not mean that all debt is bad.

Example: Student loans. This debt increases your future earnings, so although you have debt in the short term, you will hopefully earn enough money to cover it and have more.

Think: Is this debt going to increase or decrease my freedom in the long term?