Quote:
Originally Posted by VincentVega
I dont get the debt free thing, at least at this point in my life. Not interested in debt up to my eyeballs but debt is a tool, use it wisely to get ahead. My personal choice but I'd rather have the $$ at my disposal than invested in my house. Much simpler to sell a stock, fund, cd, whatever to get some cash if/when I need it. I locked in a good rate a few years ago, only makes sense to invest and/or live on the spoils. Maybe if I'm ever on a fixed income I might rethink this, until then I'll take the gains.
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A wealthy guy told me once "You don't increase net worth by paying interest. Pay off all debt and make your money work for you."
Don't get me wrong, my business is not debt free... yet... I'm working toward self funding my inventory. Once I get to that point life is going to be a complete joyride.