Summary

Let's review some important concepts that will guide you throughout this book:

• Debt is a tool that, if handled properly, can help you create wealth.

• "Good" debt can sink you as quickly as "bad" debt; you need to determine your own limits.

• Mortgage debt is some of the cheapest money you'll ever find and is usually the last debt you'll want to pay off.

• The order in which you should pay off other debt depends on your individual situation and goals—not one-size-fits-_all advice