Is a Little Debt Okay?

In this episode I'll answer a listener question: "If you have a $4,000 loan at zero percent interest that will be paid off in 12 months, why spend $4,000 of your savings to get rid of a $333 payment?"  I've heard many variations of this question over the years.  It essentially boils down to this one: "Is a little debt okay?"  Debt is a dangerous thing and can spread like wild fire and eat up your personal wealth.  We'll dive into this in today's episode!