Read? Clearing debts early for a "Peace of Mind" is Overrated - Here's why???
Uncle8888 has seen through major recessions and retrenchment in his ex company and had seen his ex-colleague crying in front of him eyes when he lost his job.
Meederka generation could have easily being debt free; but most love the idea of second bite or more of the cherries.
Huge difference between "Having debts" and "Having debts on negative net worth"
Having debts doesn't means negative net worth. Know the difference!
Having debts on negative net worth is potentially troubled mind when you are retrenched in your late 40s or 50s. OMG! I am retrenched!