We worked and worked and by the grace of God we were able to mortgage less than $100,000 of our house on a 15-year note to pay off the higher-interest business loan (really a property loan) before its latest 5-year balloon. Then, two or three years later we sold our business, paid our taxes, and stashed the excess. We were officially debt-free. Not rich, but free. So now we're expected to pay the partying expenses of kids who borrowed for a 4-5-year degreed vacation, and send money so Ukrainian people can get slaughtered, and more, all on federally borrowed money. And watch out if and when they come for us when their economy collapses. It would be easy to lose hope.
We worked and worked and by the grace of God we were able to mortgage less than $100,000 of our house on a 15-year note to pay off the higher-interest business loan (really a property loan) before its latest 5-year balloon. Then, two or three years later we sold our business, paid our taxes, and stashed the excess. We were officially debt-free. Not rich, but free. So now we're expected to pay the partying expenses of kids who borrowed for a 4-5-year degreed vacation, and send money so Ukrainian people can get slaughtered, and more, all on federally borrowed money. And watch out if and when they come for us when their economy collapses. It would be easy to lose hope.
Glad you're debt-free! It was a great feeling when we became F&C.