Quote:
Originally Posted by DARISC
I think a lot of people don't realize this or don't care because it's psychologically comforting to them to have their house paid off.
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Yes, it is comforting to have house(s) paid off, but I can sure understand someone taking that approach with their mortgages or other appreciating assets (different strokes). CC debt is "usually" not used for purchasing appreciating assets, but rather for "living beyond one's means" for "most" people imo...a different game entirely.