No. of Recommendations: 0
"My point is that those of us with a frugal mindset tend to shun debt of all kinds as bad, and that's just not an optimum attitude." - salaryguru

I never had enough confidence in my ability to make money or keep a job to take on a lot of debt. I was a job hopper till my last job. Rather embarrassing.

That's why I prefer to pay off debt. That way if I was out of work I didn't have to worry about making payments with money I didn't have.

Print the post  


Live Video Event Monday!
The GP team is hosting a live video event on Monday at 4 p.m. ET. Don't worry if you can't make it — we'll have a replay and a transcript. Click for more!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.