{ "item_title" : "Good Debt, Bad Debt", "item_author" : [" Brian Obodeze "], "item_description" : "You are either carrying a debt that never seems to shrink, or you are about to sign for a new one. Either way, no one has ever shown you how debt really works. One voice says all debt is evil. Another says borrowing is the secret to getting rich. The bank says you are approved. Your gut says wait. And a loan agreement sits in front of you, written in a language you were never trained to read.Here is something that wealthy businessmen know: debt is not good or bad. It is a tool. The same $500,000 loan can build a business or bury a family. What separates the two is whether the borrower understands what the money buys, what it really costs, what pays it back, what stands behind it, and what happens when things go wrong.The wealthy, business owners, investors and lenders ask those questions before they sign. Yes, they use borrowed money to buy assets that produce cash flow, and you will see exactly how. You will also see why the same move wrecks people who copy it without understanding it. This way of thinking about debt is rarely taught in school.GOOD DEBT, BAD DEBT takes you behind the curtain of modern finance, in plain English, and hands you the same lens.Inside, you will learn how to: Test any loan with five simple questions and an eight-gauge decision matrix, so you stop guessingSee the true cost of borrowing, beyond the interest rate: fees, penalties, insurance, rate changes and the price of waitingUnderstand how banks decide yes or no, and why approved never means affordableSpot the debt spiral, and the refinance that only postpones the problem, before it spreadsKnow exactly when NOT to borrow, with six real-life red lightsStress-test your debt the way the Federal Reserve tests America's biggest banksRun a personal or business debt audit that shows what you owe and what could hurt you mostLearn how the wealthy borrow against what they own, what the loophole stories get wrong, and how debt and taxes really interactPeek at the hidden machinery: how debts are bought, sold and packaged into securitiesCompare banks, credit unions, private lenders, seller financing and more, so you choose the money that fitsThink about the last loan you signed. Did anyone explain the total cost? What would happen if your income dropped by a fifth? In 2026, a record 23.9 percent of new-car loans stretched to 84 months or longer (Edmunds). Americans owe about $18.8 trillion (Federal Reserve Bank of New York, June 2026), and more than 7.8 million homes were lost to foreclosure between 2007 and 2016 (CoreLogic). Behind every number is a person who signed something they did not fully understand.Imagine what changes when you do understand it. Not because you found a trick, but because you finally see the machine.This is not a get-rich-quick book. No gurus. No guarantees. No conspiracy theories. Just a clear, honest guide to how debt works for the people who understand it and against the people who do not, so you can borrow with open eyes, or choose not to.The next loan offer is already on its way, and you will read the contract with a lot more knowledge this time.", "item_img_path" : "https://covers1.booksamillion.com/covers/bam/9/79/816/238/9798162389644_b.jpg", "price_data" : { "retail_price" : "12.99", "online_price" : "12.99", "our_price" : "12.99", "club_price" : "12.99", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }

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