Try the best strategy ever to be debt - free

[Starmix]

There are some of you here who maintain your contention that starting an investment through a loan is one ultimate goal to succeed but have you tried to analyse the investment you'll invest if yield a profit monthly? What kind of investment is that, that yields monthly profit good to pay for the loan? The best strategy to be debt free is by paying all your debts by all means. Do side hustles and intend your income from it to pay debts.

 

[Stardom22]

I think this can be achieved through being focused on the putting more efforts on the diversification of resources through investments and other engagement on the business activities.

 

[eLdavis]

For me it's if I can't afford it I don't go for it. And if at all I have any debt to pay, I tend to go for it first before anything else.

 

[Starmix]

It's best to give attention to paying the debts seriously. The interests surcharges which is why hard to exit from the from the calvary of paying a debt. It's best not to apply a loan to avoid debt.

 

[Fidelia]

After freedom of movement, I think freedom from debts is the next most vital kind of freedom any person must have.

 

[Starmix]

Though I haven't experienced loaning, I also believe that living in freedom free of debt is very valuable. We would have peace of mind and heart. there is nothing to fear about where to get the money to pay for the loan.

 

[itsmejob]

Being debt-free will definite boost the idea of putting the money to investments. In order to be profitable, the investment should have been carefully thought of. Without debt, we have peace of mind we can put away cash to investment.

 

[Starmix]

Loaning cannot be avoided by those who intend to serve t as the capital, however, they have to be firmed not to spend it with other things or else the loaned money will disappear, and no capital to stat for a business.

 

[Springtime]

I have never borrowed money except I took out a mortgage loan when I bought my apartment. The loan has been fully paid back a few years ago. I have never thought of borrowing money to make investments. It is just too risky.

 

[Starmix]

I have never borrowed money except I took out a mortgage loan when I bought my apartment. The loan has been fully paid back a few years ago. I have never thought of borrowing money to make investments. It is just too risky.

Congratulations for owning an apartment now through a mortgage loan. You can feel now the complete freedom and peace ot mine. It was not easy for you, I guessed,right?

 

[Kross]

Being debt free would give you an extra confidence to pursue your ambitions without the burden of a debt hanging around you.

 

[Starmix]

Having debts to think is crucial for our mental health and entire being. It is dominating, it's therefore not good to have debt.

 

[Springtime]

Congratulations for owning an apartment now through a mortgage loan. You can feel now the complete freedom and peace ot mine. It was not easy for you, I guessed,right?

You're right. It's not easy at all. I took out a 15 year mortgage loan. Though I was working full time at that time and had a pretty decent salary, I still had to live a frugal life.

 

[Starmix]

You're right. It's not easy at all. I took out a 15 year mortgage loan. Though I was working full time at that time and had a pretty decent salary, I still had to live a frugal life.

I can understand how you lived that way almost spending all your salary net to the mortgage center. 15 years isn't short but long. Finally, you've got what you dreamed of.

 

[Springtime]

I can understand how you lived that way almost spending all your salary net to the mortgage center. 15 years isn't short but long. Finally, you've got what you dreamed of.

I am grateful that I had a stable job over all those years. And I'm glad that the value of my apartment has appreciated quite a lot.

 

[Nomad]

The only reason to take a loan is for something that will give you return, for instance, investment or business.

 

[Laurentta]

For me, the best strategy to be debt free is by avoiding impulse buying. Only spend on things one really need.

 

[Starmix]

I am grateful that I had a stable job over all those years. And I'm glad that the value of my apartment has appreciated quite a lot.

The value of your apartment appreciates and it is the lot, the apartment itself too. Always make improvements to it should you wish to sell it.

 

[King Belieal]

Staying debt's free should be the ultimate goal of every person as it stands now. You can't be struggling to survive and struggling to pay debts.