How would it feel to be debt free? No mortgage, no student loans, no car payments...no worries!
While being debt free wouldn't remove all your worries, it certainly would reduce the burdens on your back. That's why this site was designed: to help give useful information and ideas to help each of you eliminate debt and become debt free.
Credit card debt can be crushing. When added to down turns in the economy, the stress level can really increase. However, being debt free during a down turn means you don't need to earn as much to make ends meet.
Investing money for your future is important and should be done with serious consideration. This site isn't recommending only paying debt off. What we recommend is you take a serious consideration of your personal finance, your net income, and your balance sheet. Look at where you stand today and consider your credit card debt, and any outstanding debt. Then talk to your family and a financial planner about your retirement goals. Finally, get a plan in place regarding reducing debt and investing wisely.
If you have a large outstanding balance on your credit card, consider working hard to pay that off. With late payments and interest, the amounts can take years to pay off if not handled early. You must eliminate credit card debt -- the interest will crush your opportunity to save and invest money.
Avoid overspending. Cut coupons when appropriate and save, save, save! Use the savings to invest in your future and overpay on your outstanding debt. Being debt free should be a goal of everybody!
Ultimately, to be debt free or not is your decision. Budget, plan, work hard, and make it a goal to become debt free. You can do it!