Do you think debt is bad?

821 views · Published 3 January 2012 · 4:39 · Indexed 19 October 2026

Channel: phototristan · 2012 · Education

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A short video outlining why I generally live a debt-free life and the benefits of such. It hasn't always been this way for me in the past.

I get a lot of peace, security and happiness not owing others. And, every penny that I make increases my net worth directly not to mention my self-worth and happiness. 

Contrast that to being in debt and working your butt off just to get to zero. 

This is for everyone, no matter what your socio-economic 'status' is. Everyone can benefit from living simpler and minimizing how much stuff they buy which they cannot afford. 

The greatest obstacle to fulfilling your dreams is debt, both personal and financial. The more people you are obligated to, the harder it is to focus on your own success.

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