debt free

It's taken about four years of careful planning but earlier this year I became 100% debt free. No mortgage, no car loans, no nothing! And while I was paying off my debts I was also able to continue contributing to my 401k (mostly because my company matches at 6% of my salary) and saved a nice...

It seems some lucky people have very deep pockets or inherited the family farm and are able to go off the grid, build elaborate survival retreats, purchase wind turbines and solar panels, etc. The real question is.... How do the rest of us do it without enslaving ourselves to the bank (i.e...

I have read of a lot of people putting at the top of their list of preps "paying off all debt". I certainly agree with the idea of paying off one's debts. I have an excellent credit score, and I think that speaks volumes about one's character. However, what about in preparation for a major...

Why be debt free? I hear it over and over as one of requirements to be prepared for SHTF. Becoming debt free. I do not understand it. When biggest ever fiat currency collapses (AKA US$, which is inevitable at this point) it seems to me that the only people that become “winners” of sort are the...

Pardon my ignorance, but as I read over many posts here, a common piece of advice is to pay off your debts in a shtf-coming situation. I agree, in general, that we should seek to have as little debt as possible, it just makes life easier and less stressful. But if you're convinced that a shtf...

Sorry, posted in the wrong forum.