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Old 09-08-2021, 07:03 AM
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The Champ The Champ is offline
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Join Date: May 2002
Location: Rochester, MN
Posts: 2,536
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I won't argue that debt free is good. But if you have debt, a home mortgage is the best debt to have. In most cases, a home appreciates.

Owing money on CC's is never a good thing. Owing money on daily driven vehicles is not a good thing. Owing money on boats, motorcycles, campers and motor homes is not wise.

I cringe every time I see an ad promoting "no money down"...

Bottom line, if you can't sell an item for more than you owe on it, it's like a noose around your neck.