Quote:
Originally Posted by Teemotay
Key words here are, “almost always”. I do avoid debt. My mortgage is my only debt.
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I'm not saying you are wrong. But I had a mortgage once, and I couldn't sleep at night, so I paid it off in 2 years. I never borrowed money again. It is amazing how much money you can accumulate when you have no debt. Some people are an exception and they can use debt to make money. But most people, who borrow money often, never accumulate much wealth. That is my experience.