For a long time now, I’ve been free from all non-mortgage debt. As I quickly pay off my mortgage, I can already imagine the day when it too will be gone. While some people claim to be debt free in my current situation, nearly everyone would agree that I’ll be debt free once I finally pay off my mortgage. Looking at the meaning of debt, I am forced to ask whether anyone can ever be debt free.

The most basic monetary definition of debt is: Money owed to another party. Using that definition, I will forever be in the debt of the government as well as many service providers.

He are a few things I always expect to have to pay for:

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