Not exact matches
However, as things
become more serious, and you start thinking about settling down, getting married, kids, and buying a
house, that
debt from your «wild and
free» days can quickly come back to haunt you.
Here are the benefits that being
debt free (besides the
house) and the process of
becoming debt free gave us.
It may be going too far to say that
becoming debt free «except for the
house» was kind of a let down, by the euphoria we experienced on a regular basis as we paid off our smaller
debts is gone (at least for a while) until we finally send in that last mortgage payment many years down the road (hopefully sooner than my current projections).
She and her husband Miles
became completely
debt free (including their
house) in August of 2012, after paying... Read more
She and her husband Miles
became completely
debt free (including their
house) in August of 2012, after paying off more than $ 147,000.
Whether you're saving for a new car, to buy a
house, to start a business, to
become debt free, for retirement, or for anything else, you could almost certainly use a little more cash toward your savings goal.
By paying off your mortgage first you may
become debt -
free, but the bulk of your net worth will be tied to just one asset — your
house.
Follow Joey and Natalie on their journey of building our Dogtrot
House Plan and
becoming debt free.