I am poor debt free, but at least I am dept free.
The word free is something you can't experience with debt. I know plenty of 'rich' people who are loaded with debt. Nice cars houses, etc.... sure I could have that, but no. I don't want to be tied to those things.
So idk.... I hope you are content. That is what I strive for just being happy with what I have not trying to want to much. Because that is a trap.
I dont know, I suppose Im content. But I would still like to not have to work. I only work maybe 20 hours a week but still. Its physical work. I put myself here so cant complain much.
I try to keep it around 40 hours. Up until a month ago I was working legit 60 to 80 hours a week. Did that for about three months until I burned out and quit. Made a good salary while I did it though. Was my second time with that company. I knew what I was getting into. They pay well, but never again.
I like physical labor tbh.
I probably fall into that category. Maybe not rich rich, but enough that I could stop working whenever and still be comfortable. I have a a decent amount of personal and business debt because I've generally got a better return on the debt than the interest rate I was paying on it. But that's not easy, and practically impossible now with higher debt rates.
I sleep fine at night knowing I could pay off all the debt with mostly liquid assets, if I needed to.
I agree a big house and cars tie you down, but I think its a lot easier to have a big family with a big house and yard. When they hit those teenage years, it's hard on everyone if they have to share rooms and bathrooms are always occupied. Not impossible, but I'm glad I could avoid that extra stress. Plus, we never had to rent out places for birthday parties or special occasions, and we host most holidays.
Honestly, any house ties you down, they all come with maintenance and obligations, so I'm happy living somewhere that I don't want to leave and spend tons of money on expensive vacations.
(post is archived)