Home mortgage debt is mostly "good" debt for middle class households. Pretty much any other type of debt is a net negative in financial terms. There are less ta

Home mortgage debt is mostly "good" debt for middle class households. Pretty much any other type of debt is a net negative in financial terms. There are less tangible benefits to owning a newer, more reliable car for example, so it can be a bit murky. General consumption debt is a bad bet for pretty much anyone.