Quote:
Originally Posted by DDTempest
The idea here is to manage your debt by getting out of it, as opposed to the modern American tradition of managing your debt by paying just enough.
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I guess this is what I'm not getting here. Is there some...like...GOOD REASON to be in debt? I remember reading a while back that it's a good thing for nations to be in debt, and I recall learning a bit about that, especially during the Revolutionary War, but I wasn't sure if, in the financial background, if there is any reason to?
I plan to be in debt only for large, necessary purchases or investments. I see no reason at all why I should wait another 4 years to pay off my student loans.