Quote:
Originally Posted by Accurate Race Shop
I was sitting with a multi millionaire at dinner tonight and as we talked over our martinis he said that no matter how successful you are there is no better feeling than waking up knowing you don't owe anyone a damn dime! He went without for many years building a brand as a jewler and now at 35 does not owe a dime of money to anyone owning 6 cars and 3 houses. His business does not make all that much money but with budgeting and planing he has become very well off on a salary most doctors and lawyers would laugh at.
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Your friend is exactly right. Think about what your money stream would look like without a house/rent payment, car payment, credit card, or any other form of debt payment. Work toward that goal and you will never regret it, believe me. It didn't happen overnight but it does feel wonderful.