Everyday millionaires avoid debt from "summary" of Everyday Millionaires by Chris Hogan
Everyday millionaires understand the dangers of debt. They know that debt can easily spiral out of control, leading to financial ruin. That's why they make a conscious effort to avoid debt whenever possible. They don't see debt as a tool to be used to achieve their goals. Instead, they see it as a burden that can weigh them down and prevent them from reaching their full potential.
These millionaires live within their means and only spend money that they actually have. They don't rely on credit cards or loans to fund their lifestyle. They prioritize saving and investing, rather than accumulating debt. They understand that debt can eat away at their wealth over time, ...
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