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Old 11-18-2011, 09:23 AM   #150
bubbsy
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i think in this day and age, it's almost impossible for everyone in the middle and upper middle classes to have mortgage debt well into their 40s or 50s.

That being said, in my opinion, there's good debt, then there's bad debt.

I'd consider student loans, and "smart" mortage debt (ie. not a debt outside of what you can afford), as examples of positive debt, and things like car loans (depreciating asset) debt, and credit card debt the problem areas.
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