10 Substantial Reasons Why You Should Want To Become Debt Free
November 4, 2009 | Posted by Brad Chaffee 
Financially speaking, self-reliance is about enjoying the benefits of not having to rely on others for things you can just as easily get for yourself—without debt.
Things like not having to depend on your plastic companion, pesky loans, or a wasteful Government to give you the things you actually need, want, and enjoy is just the start of it.
Since becoming debt free, except for the house, my family and I have already experienced why becoming debt free was one of the smartest decisions we have ever made. Becoming debt free has changed our life completely, and it can change yours too!
Below are 10 of the very best reasons why you should become more self-reliant today, by becoming debt free.
A DEBT FREE MANIFESTO – 10 Common Sense Reasons To Live Debt Free
- You can spend more quality time with your family, instead of on the job trying to pay off things you enjoyed yesterday.
- Your marriage is less likely to be marred by the destructive nature of stress and money fights directly related to living paycheck to paycheck.
- Through your wonderful example, your ability to teach your children a more responsible and sustainable way to manage money.
- It frees up your paychecks to do other more important things like: saving, building wealth, and my personal favorite—GIVING!
- It’s never cool when someone else owns the fruit of your labor before you even labor.
- You can enjoy the additional freedom of not having to worship at the altar of the “supposedly” all powerful FICO.
- It feels better to sleep in a paid for home, walk on paid for grass, drive a paid for car, and eat already paid for food.
- Similar to #1 above, being debt free gives you more options in life, and opens up doors that society has told you couldn’t be opened.
- The act of becoming debt free neutralizes your natural attraction and desire to “need” more STUFF.
- A survey done by Forbes magazine states, 75% of the Forbes 400 (the richest 400 people in America), said the best way to build wealth is to become and stay debt-free.
debt free
Now you know why you need to become debt free, so what are you waiting for—go do it!
This post was derived from an original guest post written by Brad on My Super-Charged Life titled: A Debt Free Manifesto – 10 Common Sense Reasons To Live Debt Free.
photo credit
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Brad Chaffee is the author of Enemy of Debt, and a regular contributor here at the Self Reliance Exchange. Brad has also become debt free by paying off $26,076.75 in just 20 months!! Learn more about Brad by reading his bio. You may also contact him here.
Categories: personal finance | 
Tags: debt free, freedom, self reliance | 
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