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To get clear out of debt or not.
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Big Swede
Posted 12/2/2020 20:56 (#8641066 - in reply to #8640847)
Subject: RE: To get clear out of debt or not.


SW So Dakota
I got everything paid off about 3 years ago. It's a great feeling. My Dad and Mom were always my primary lenders, Dad always told me if we had a tough year just pay the interest that year, he wouldn't foreclose on me lol. He instilled in me conservative values and to never borrow money for anything except land which I always followed. A couple years ago a section came up for sale that I always said I would buy if I had the chance. So here we go again. Had to fill out a balance sheet for the first time in my life. Only a 5 year note though.

My advise is to be debt free if at all possible.

Edited by Big Swede 12/2/2020 21:00
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