×
App Icon
The Standard e-Paper
Join Thousands Daily
★★★★ - on Play Store
Download App

Keeping debt under control

By Tania Ngima

It is said that good debt is that which is incurred to purchase items that go up in value and bad debt is for items that depreciate on or after purchase. However, being saddled up with too much debt, even if it falls under the ‘good debt’ category is likely to hurt your financial health.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in