Pay off as much debt as possible as quickly as possible then lower your expenses as much as possible. The dollar getting fucked won't make a difference if you don't owe anyone money or don't need a lot of money to to survive.
Yep. That's the reason owning a home with a mortgage is better than constantly paying rent that just goes up and up while your mortgage stays flat for 15-30 years.
The people saying "pay off your debt before the dollar tanks" are the people who own your debt. If your interest rate is fixed and you owe your debt in dollars, a crap dollar is a good thing... that is, until you need to buy something else.
Hahahaa we are poor. That is how we live. No debt. Fuel is the most expensive thing we purchase each year and that is unavoidable, unless we switch to horse drawn hay equipment.
Pay off as much debt as possible as quickly as possible then lower your expenses as much as possible. The dollar getting fucked won't make a difference if you don't owe anyone money or don't need a lot of money to to survive.
Owing a lot is actually good if the currency is going to have little value in the future, since you have to pay it back with what is worthless
Yep. That's the reason owning a home with a mortgage is better than constantly paying rent that just goes up and up while your mortgage stays flat for 15-30 years.
The people saying "pay off your debt before the dollar tanks" are the people who own your debt. If your interest rate is fixed and you owe your debt in dollars, a crap dollar is a good thing... that is, until you need to buy something else.
Hahahaa we are poor. That is how we live. No debt. Fuel is the most expensive thing we purchase each year and that is unavoidable, unless we switch to horse drawn hay equipment.