We owe no one anything. Except annual property taxes and any monthly utility I may use. We have every thing we need for life. We have no need for credit.
Same here, and I like the security of it. I would gladly have a lower standard of living and know I don’t owe anyone anything. It amazes me people are in debt at my age and have huge house payments. Hit the big 60 and work with people older than I am with huge mortgages. Ack, will they ever be able to retire?