plonkee money an english-er's thoughts on personal finance

October 10, 2007

does debt-free mean mortgage-free?

Filed under: credit and debt — plonkee @ 12:00 pm

I’m not especially a debt-free obsessive. Although I don’t have any credit card debt, I took out a low interest student loan and am paying it off as slowly as possible. On a somewhat related note, I have no plans to try and pay off my mortgage quickly. In my mind, decisions about these two debts are treated pretty much the same. In neither case is it productive (for me) to pay them off quickly because they are relatively cheap. However, I want to know what the debt-free and debt-free wannabees think (as well as everyone else).

Does being debt-free mean being mortgage-free?

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