It is an awful question. Mortgage is a debt. This is like asking if you consider an apple a fruit. I don't understand.
Quote:
Originally Posted by 8sPOT
At the end of the day, having zero debt beats having any debt at all.
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I can't agree with this quote at all. There are no absolutes in finances. That's like saying someone is better off with no saving, no assets and no debts than someone owing $300,000 on a $500,000 house and having $100,000 in savings. I know which person I'd pick to be.
Having a net worth goal is a much better perspective than having a zero debt goal.
If you have a positive net worth that is growing from year to year, and you have comfortable cash flow every month, there is nothing wrong with some debt IMO.