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Next month I celebrate my 30 year anniversary of being debt free. I decided back in college that I would own my own home and be debt free by age 30, and I accomplished it with a couple months to spare. I still feel that was the best financial decision I have ever made in my life.
The weird thing is, back then, I was ridiculed by almost everyone for doing this. Everyone was telling me how I should have kept the debt and invested the money instead. Many of those same people have lost their jobs, a lot of their savings, and some their homes over this past 30 years. Many of my neighbors and friends are now aggressively trying to get rid of their debt after seeing how well I have made out.
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