Good Debt vs. Bad Debt: What Kids Should Know

Описание: What makes some debt helpful — and other debt risky?

In this kid-friendly Money Mission video, we’ll learn the difference between good debt and bad debt, and how borrowing wisely can help people reach important goals.

Kids will learn:
• What debt means
• The difference between good debt and bad debt
• Why people borrow money
• When borrowing can be helpful
• How to avoid dangerous or costly debt

This simple, fun explainer is perfect for kids who are learning how borrowing works. It shows why making careful choices with debt matters.

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