How much debt do you have?

prvncqr

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I see many people make good money in life but have a big dept. What about you?
 
None, thats the whole point of making money so u dont live in debts?
 
Nothing at the moment
I do not make it a habit to borrow money to invest in something
 
Nothing at the moment
I do not make it a habit to borrow money to invest in something
Good. I wonder why so many people are in debt. Any idea?
 
No debt. Never been in debt. Never will be (hopefully). Most people are debt-ridden because of their own life choices.
I even self-sponsored my education through my IM ventures.
People buy too many things that they don't need. Bigger house, bigger car, latest iphones. Idiots of the highest order.
 
No debt. Never took a loan in my life and will never do that in future. Banks give loans to only those people who actually do not need them.
 
Define debt. If you borrow money from bank to invest in new equipment so you can do better work that's investment from my point of view. But if you want to borrow money to buy a new car/laptop/phone/house while you already have suitable/working one - its stupidity.

Also, if you need bigger house why not try to swap it for another location/size/etc.?

Same goes for almost everything.
 
Probably lost over $100k (not made) which would be more accurately described by "how much have you wasted?".

I'm getting back on track. Ditched 90% of the toxic stuff stopping me...
How did you lose?
 
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