• pedz@lemmy.ca
    15·
    11 months ago

    Depends on what kind of debts.

    I’m an “old” millennial that recently got a raise and cleared all my credit cards after years of having them loaded near the limit. Now I have a positive balance in my account and enough to live for a few months without a salary. It boosted my credit score to average. So that’s great!

    However, I live in a studio and don’t think I can afford to move anywhere much bigger nor buy any kind of property. It will still take me years to save enough for a mortgage.

    So I guess it’s still nice not to have any debts, but I would also prefer to have paid off a mortgage instead of “only” credit cards.

    • daFRAKKINpope@lemmy.world
      1·
      11 months ago

      Bold of you to assume if I own a house I’ll pay any of those.

      Wtf am I gonna use credit for? Redo my roof. I’ll put out a bucket.

  • stinerman [Ohio]@midwest.socialEnglish
    2·
    11 months ago

    The day I finally had a positive net worth, I was really, really happy.

    I posted on social media that I finally had nothing. So to all the people who think I had it so easy and my generation (elder millennial) didn’t know what hard work was…I finally had nothing after being alive for 30ish years.