Avoid Debt

Debt should be avoided at all costs except for a house mortgage or student loans. These should be payed off as soon as possible in order for savings and profit to be maximized. Debt should also be the number one priority when it is present. It is far better to go without a few luxuries while you get rid of debt, than it is to be enjoying those luxuries with debt looming over you. As well as being more financially free when debt free, there is an emotional burden that is lifted.