Monday, July 16, 2007

Indebtedness

As my wife and I are approaching the end of our debt (4 months) we are looking foward to being without debt. Some say it is wise to keep debt to build up your credit score while others say it is wise to reduce risk and jump the debt ship. I tend to agree with those who say the only good debt is no debt.

You can read more here on why debt is bad.

You can read more here on why debt is good.

Some questions:

-What are your thoughts on debt?
-Do you currently have debt?
-Is debt something that you grew up with?
-Are you currently living outside of your means?

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