Once debt free it is important to stay debt free. This is one of the lessons we teach our boys. It is easy to get back into debt if you let yourself once you are debt free. I know this from personal experience. I let myself do this several times until I got tired of the rollercoaster of debt and jumped off.
We all probably have different meanings of what a “Need” or a “Want” is to each of us. We have tried to get our boys in the habit of looking at things as a Need or Want when they want to buy something.
Some people when they hear needs they may think of Food, Water, Air and shelter. Others may think Money and a job. My boys would say Xbox and Internet Service. LOL All is correct depending on the person. But let’s talk about Tony Robbins 6 human needs.