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Recreational Mechanic
Join Date: Sep 2000
Location: Northern Colorado, USA
Posts: 3,326
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No personal debt. Lots of business/investment debt. I do not ascribe to philosophy of debt free being a good thing. I'd rather invest, say, $40K I have in cash into something that can provide a return and keep making the loan payment than taking that $40K and paying off the loan to make myself feel good for being debt free.
As my financial planner says, "what good is being debt free if you are debt free and broke?"
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P Cars: 2022 Macan GTS / One empty garage space ---- Other cars: 2019 Golf R 6MT / 2021 F-250 Diesel / 2024 Toyota GR86 6MT ---- Gone: 1997 Spec Boxster Race Car, 2020 GT4, 2004 GT3, 2003 Carrera, 1982 911SC, 2005 Lotus Elise and lots of other non-Porsches
PCA National DE Instructor #202106053 / PCA Club Racing / WRL Endurance Racing
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