Good debt management advice is hard to come by.
Traditional financial wisdom states that certain debts, such as mortgage and student loans are good debts, while most other debts such as credit card debt, car loans, etc… are bad debts.
On the other hand, many Personal Finance bloggers express the opinion that ALL debt is essentially bad, to be paid down as quickly as possible, sometimes even at the cost of establishing a sustainable savings plan for the household.
So what is the truth?
