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The wrong debt can cost you years. The right debt can help build wealth.

Good Debt vs Bad Debt shows you how to tell the difference, so you can make clearer decisions about borrowing, investing and building long-term financial security.

For many Australians, debt is something to eliminate as quickly as possible. But treating all debt as equally good—or equally bad—can become one of the most expensive financial mistakes a person ever makes. Good Debt vs Bad Debt introduces a simpler and more useful way to think about borrowing. Instead of classifying debt by interest rates or loan types, it asks a more important question: What is this debt attached to? Through practical examples and straightforward explanations, Frank Barragan explores why some debt helps build assets, income and future opportunities, while other debt quietly consumes cash flow, limits choices and slows financial progress. The focus isn’t on avoiding debt altogether—it’s on understanding which debt is working for you and which debt is working against you. Whether you’re considering a home loan, investment property, car finance or simply trying to make better financial decisions, this book offers a framework for thinking about debt with greater clarity and confidence—because the real question isn’t how much debt you have. It’s whether that debt is helping you build the life you want.