Dream with me for a moment. YOU have absolutely no debt.
Your car payment is forgiven, your student loans are no more, that medical debt is wiped clean – heck, even your mortgage is completely paid for!
How much extra money do you have now?
Car loan = $400 a month Student loans = $600 a month Medical debt = $100 a month House payment = $1,200 a month
If you were completely debt free, you would have an extra $2,300 a month.
What Could You Do If You Had No Debt?
Alright, so now you’ve got $2,300 a month coming in. What would you do with it?
1) Take a vacation every month
If you had no debt, maybe you’d start the vacation of the month plan. For $2,300, you could go just about anywhere AND stay in a pretty decent hotel to boot.
2) Save . . . → Read More: What Could You Do If You Had No Debt?