Dutch Uncle
* Tertia Optio * Defend the Constitution
When you are young your biggest asset is the years you have left to live
Debt is a financial tool
And it makes perfect sense to barrow for a home or large asset
Before you die you have plenty of years to pay off all that debt
In the end it’s all paid off (if you have the contains to manage money correctly)
The sooner it's paid off, the better. The #1 financial mistake people make is to retire with debt.
Another mistake is to buy big ticket items they can't afford, usually to impress others.