2021

How to Turn Debt Into a Positive for Your Financial Plans

Blog

When people think about how debt fits into financial planning goals, it's common to see such liabilities as generally bad things. From the perspective of a financial advisor, though, the goal should be to get to the point where debts are net positives for their clients. Here are four ways you can turn debt from a bad thing into a winner. Lower the Cost Basis More than anything, your long-term goal is to get the cost basis of your debt to a number that works well for you.

4 February 2021