Quick question. My wife and I have worked hard and lived a pretty low key lifestyle to pay off our school loans over 7 years that have totaled over 250,000 USD. However, I have friends that have expensive cars, homes etc, and still have thousands of dollars of school loans.
Even though we are out of debt, in the end my friends, who are in a lot of debt, are still getting the luxuries they want and pretty much are still living the same life as me (sometimes with nicer toys).. My question, in this day and age when living on credit, and with a credit reporting system that punishes you for being responsible, what's the point of being out of debt?
Submitted October 26, 2017 at 11:08AM by toughchanges http://ift.tt/2yUTwvg
