As I mentioned in yesterday’s post, my wife and I just celebrated our fifth year of living debt free. Here’s how our decision to get out of consumer debt changed our lives: We do not pay interest. We earn it. This one is pretty obvious. Instead of paying interest to various credit card companies or financial institutions, we earn interest…
Category: Debt Free
Living Debt Free – Part 2
I have decided to do a series of posts, ten in all, exploring the concept of living debt free. This is the second post in that series. Click here to read Living Debt Free – Part 1. Planning For Future Major Purchases If we are going to live debt free, we have to have a solid plan for making future…
Living Debt Free – Part 1
I have decided to do a series of posts, ten in all, exploring the concept of living debt free. This is the first post in that series. Defining Debt Free Let’s assume that I take my daughter to the doctor. I schedule an appointment, my daughter sees the physician, I give my insurance card information to the doctor’s office manager,…