Debt is when someone owe some sort of thing to another individual. It can be money, a car, clothes, food. Basically it is borrow something, and you have to pay it back. If it was giving to you, than there would be no reason of giving it back to the person. Things that are borrow does not belong to you, which means you are in debts. A perfect example will be owing the government money. You have to give it back in order for them not to persecute you. Another example, is credit cards, you are borrowing money and the credit card company expect you to pay the money back,one way or another. Moreover, I do not believe that there is such a thing as “Good debt vs Bad debt” because when you think about, you own own something. There is something in your