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Money Trap #4 - Debt is not a substitute for cash! #303

Docs Outside The Box

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The Impact of Not Paying Your Debt

Knowing what i know now, i probably still would have paid it off quickly. Not everybody has that feeling, right? Some people are just fine with having debt. You and i are just not those people. I don't like knowing that i owe people. The other thing is, you know, getting deeper in debt and knowing that if i either defer or forbear, even if i'm paying it off, i'm still paying more than if i would have just paid it off all at once. Well, the hole thought process a. Would you have been as aggressive on the federal part, like i deftly understand the private part for everybody who is listening?"

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