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Are You Heavily In Debt?

Only reason I’m rich is because I use to have great credit and still make tons of money so I opening tons of credit cards with massive credit lines and maxed them out 😤😤
You don't need to be rich if you have great credit. You can look like you're rich by financing everything and making minimum payments the rest of your life.
 
I have 0 ongoing debt. I have temporary debt each month to the extent I pay with a credit card, which gets paid each month.
Congrats! How long have you had your house paid off? And I have to imagine that feels very relieving. I am on target to be there in about 15 months before I turn 50.
 
Congrats! How long have you had your house paid off? And I have to imagine that feels very relieving. I am on target to be there in about 15 months before I turn 50.
No mortgage for 7 years, and it could have been 15 years but I leveraged the mortgage by making more in investment income than mortgage interest.

I haven't had a car payment since 1996.

I'm not very materialistic in general.
 
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