Debt prevents you from producing wealth. Example, if you carry a - TopicsExpress

Debt prevents you from producing wealth. Example, if you carry a revolving balance on your credit cards at 15% interest (which is low) it will negate or at the very least minimize any investments you might have. (assuming average of 8% increase in your stock or retirement portfolio) Get rid of debt and you will automatically increase your wealth by the cost of the interest you are already paying (or throwing away).

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