When I was about 16 years old a read a book by the Debt Free King himself, Mr. Dave Ramsey. And upon reading that book I decided right then and there that I was NEVER going to take on any debt EVER!
And for the first 33 years of my life I stuck to that.
If I needed a car – I bought it outright. I certainly use credit cards – but I ALWAYS pay them off in. full -and you should too. When it came to buying a home – my plan was to buy it outright. I started saving when I graduated college.
But as I got closer to actually buying that home, I started to question my convictions.
What if committing to being debt free was the wrong choice?? What if my conviction was going to leave me financially worse??
What if being debt free wasn’t all it was cracked up to be?
While you are here, why not check out some of my other videos:
Wonder how much you need for retirement, here’s what the experts have to say: https://www.youtube.com/watch?v=NyC-5mEDJPk
What happens when a companies salaries are leaked: https://youtu.be/-9c0E6bNx-g
Is it time to quit your. job: https://youtu.be/r45C3GLGr7s
What is the three bucket strategy to retirement: https://youtu.be/hD5GhQg7HAk
What if you invested at the absolute worst time: https://www.youtube.com/watch?v=Oku_hG5h7H4
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