A short but sweet quote that reminds us not to get into debt.
Not all debt is bad, though. For example – I have a mortgage (home loan) with less than a 2% fixed interest rate. I am okay with that. It is better to invest the money to make more than 2% rather than pre-paying the mortgage.
However, apart from that, I do not have any other debt. Sometimes, it pays to be weird.
Debt is normal. Be weird.
Dave Ramsey