10 Reasons I Love Debt Freedom

10 Reasons I Love Debt Freedom

  1. I remember what it was like to be in debt
  2. I do not mail all of my money off to a bank every month
  3. Able to give more money away
  4. Able to save more money
  5. Able to spend more money
  6. Equipped to absorb "life happens" events – like surgery, unexpected Baby Sangl miracle, appliance failure, and car breakdowns
  7. Able to focus on the long-term with our decision-making
  8. Less STRESS!
  9. We earn money with our money instead of paying others for money we have borrowed
  10. Having to pay cash forces us to wait – which forces us to demand a deal for all of our purchases

Would you add any reasons?

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  1. Lee on September 8, 2009 at 2:45 pm

    I think your list just about sums up nicely all the reasons I’m working to become debt free.

    First visit – your title caught my eye on pfblogs.org 🙂


  2. Greg McFarlane on September 13, 2009 at 4:20 pm

    I don’t miss having that sword hanging over my head every morning. Knowing that however far you were in debt yesterday, you’re about to incur a few dollars more interest today and fall even deeper in the hole.

    Almost everything in life is more rewarding if you start early, but that applies to saving (and its cousin, not getting into debt) more than anything else.

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