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