Originally Posted by KC

Bought my first house in 1977 for $80,000. Upgraded to a bigger house with a bigger mortgage in 1984. Paid off the mortgage in 1993. No debt since then.
Bought two houses since then. Both were fixer-uppers. Paid cash and remodeled them using earned income, then sold for a profit.

All major purchases are done with cash. No house payments. No car payment. Pay off the credit card every month. Mostly use the credit card because it's convenient and to get air miles.

My son is 45 and was paying double house payments for about ten years. Paid off his mortgage last year.


Anarchy like that is going to get you cancelled! You must be in debit to be free. The interest paid is the measure of your freedom.