If you read my post Formula To Be Financial Free Part 3 : Controlling your Debt, you will know that I mentioned the questions Is financial free equals to debt free?鈥?/strong>. Today this post will be further explanation on this question.
Is financial free equals to debt free? The answer is maybe yes and maybe not. It is really depends on yourself, what is the financial free?lifestyle that you want.
Either
1. You hate debt and don’t want anymore debt with you after you financial free.
2. You also hate debt. But you want to control them so it can work for you and bring some money to you.
2 kinds of lifestyle that you can choose. (Should you know more? Please let me know) The main difference between the 2 choice is - how you handle your debts. My mentor always said that “Debts are just like a knife, it can hurt people but if you well control of them, then it can help you to cut things” Debt is same, sometimes debt is really dangerous to us but once we know how to deal with them, it will become a money making tools for you.
All of this is depends on your mindset. If you feel that debt is out of your control and you worry about it, then gain a life that debt free! But if you want to go further, you must learn how to deal with them.
Coming up post: Financial freedom - Debt Free or Debt Control. Have a nice day, my friend.
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Carnival of Debt Reduction…
Welcome to this week’s edition of the Carnival of Debt Reduction. As a summary of each piece, I’m listing each author’s reason for submitting the post to the carnival (for those that submitted one) and/or a bit of the post…
[...] Financial Freedom - Is financial free equals to debt free? [...]
Debt is a drug. I long to be debt-free. Maybe one day I will accomplish that.