Debt Free Speech

940 Words4 Pages
Imagine yourself 50 years down the road. Debt free. Ready for Retirement and not worrying about a thing in the financial life. Wouldn’t that be great rather than living like most of the world today. Filled with debt and nowhere near retirement only because they did not save and stay out of debt the correct way.

People these days are more in debt than ever. People from the age 41 to 46 are six thousand dollars in debt on average according to money.cnn. Investing 100 a month for 18 months with 5% interst will result in fourty eight thousand dollors when the 18 years is done. If us teenagers started doing that when we get jobs we will be rich and ready to live our lives. Not in debt.

Personal finance should be started at a younger
…show more content…
Saving is one of the biggest keys in life today. I cannot stress to you today how hard it is to save your whole life. Saving instead of buying right away, putting money aside, and finding the best ineterst rates are ways we will live life debt free. Lastly buying things we don’t need will be the hardest so try not to tempt yourself with it.

All in all wouldn’t it be awesome to live life debt free and do the things you always wanted to do. You can go to college, buy cars, houses and many other things. So if you learned one thing today I hope it is that we are going to be saving are whole life so you better get used to it and hopefully you learned how know the difference between a want and a
Get Access