Before the recession of 2008 overturned many long-held financial beliefs, it wasn't uncommon for people to differentiate between "good debt" and "bad debt." Today, it's time to re-examine the concept that, in certain cases, acquiring debt may still make sense.
Why does a billionaire like Mark Zuckerberg need a mortgage on his home? Why doesn't he just pay it off with cash? Well that, my friends, is indeed the million dollar question. The answer though lies in the fact that Mark ascribes to my definition of being debt-free.