I’m not saying you are wrong, and that is fantastic that you understand the power of that. You are obviously disciplined and if you weren’t before, you grew and you are now.
Now that you have discipline, think about NOT putting all your eggs in one basket. To me, debt is another one of those baskets. I want a little, more right now. Every time I buy something on debt right now, I am paying it back with dollars that are worth less.
it is why I have a 30 year fixed loan while being retired. I earn more interest on the investments than what the interest is on the debt. Add to that inflation over the 30 years and the bank becomes the loser.
I’m not saying you are wrong, and that is fantastic that you understand the power of that. You are obviously disciplined and if you weren’t before, you grew and you are now.
Now that you have discipline, think about NOT putting all your eggs in one basket. To me, debt is another one of those baskets. I want a little, more right now. Every time I buy something on debt right now, I am paying it back with dollars that are worth less.
it is why I have a 30 year fixed loan while being retired. I earn more interest on the investments than what the interest is on the debt. Add to that inflation over the 30 years and the bank becomes the loser.