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In reply to the discussion: American debt: Are you in deeper or ahead of the average? [View all]comradebillyboy
(10,846 posts)37. I have zero debt. I've always paid my credit cards off
every month. We have always lived within out means and avoided unnecessary debit. We always put as much money into employer retirement accounts as we could. Now at the end of our lives we are financially comfortable. It hasn't always been easy but we were diligent.
I paid my mortgage off a while back. Now my biggest financial problem is where to spend the mandatory disbursement from my deferred income accounts every year.
I've been a wage slave all my life and I never thought I would be this well off.
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What was that . . ."A jackrabbit in every pot and a bale of hay in every garage"?
hatrack
Jun 2025
#25
I have none of those. I pay off my credit cards each month. No mortgage, no car loans, and no student debt.
sinkingfeeling
Jun 2025
#14
I prefer the benefit of keeping my money in the bank earning a smidgen of interest for an extra 30 days.
Ms. Toad
Jun 2025
#36