They generally avoid debt and used their free cash flow early on in life to eliminate it.
Not exact matches
While credit card
debt is
generally something you should
avoid, loans are actually beneficial as long as you use them responsibly — especially when there's no interest for a set period, like in this case.
We
generally advise individuals to
avoid debt settlement programs.
It's our belief, however, that such
debt should
generally be
avoided, as the risks are especially high.
They may not be worried about credit score but
generally avoid loaning to homes that already have a heavy
debt burden.
Lenders
generally avoid houses with too much
debt as it means there is too little equity left for the owner.
This is
generally considered an ongoing expense rather than a
debt, but Chapter 7 bankruptcy trustees have the authority to
avoid an unexpired lease agreement under certain circumstances.
There's no such thing as a «normal» budget, but based on tens of thousands of credit counselling appointments, we've been able to create Canadian guidelines for how people will
generally want to spend their after - tax income to
avoid getting into
debt.
To achieve financial freedom, ideas such as: listening to good advice, learning how to make a budget, understanding credit repair possibilities,
avoiding the scams, and
generally becoming more knowledgeable of the credit card business, can all play a role in eliminating credit card and other
debt.
Generally speaking, you want to make sure you pay your bills on time, keep outstanding
debt levels to a reasonable amount for each account, and
avoid closing accounts you've successfully paid - off and managed.