The average American does not think like a debt free individual. Their mindset is so tied up in the idea of requiring debt to fund their desires. If you want to live debt free, you have to change the way you think. One of the biggest differences between people with debt and people without debt, isn’t the amount of money they have–it is what they don’t do.
People who live debt free are more likely to go camping as a vacation, while people who live in debt are more likely to go on a trip that the can’t afford to pay cash for. People who live debt free are more likely to eat at home instead of going out to eat often.
The difference between debt and debt free, isn’t the income level–it is how their money is spent.
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