The Dangers of Debt... #Debt #Danger ● Bankruptcy is literally when you can't pay your debts. You can't go bankrupt if you don't have debt. ● You will never find an investment that pays 8% guaranteed, let alone 20%+ ● You will find *tons* of credit offers out there that will charge you that. ● "Bad" debt is toxic, your best return is to pay it off. But your emergency fund takes precedence.