27 Comments
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Bryan Cecilio's avatar

Excellent, Greg! This will help many people. Be safe with the hurricane!

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Gregory Mannarino's avatar

Thank you!

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Kirk Hullender's avatar

Take care today!!! Hope to hear you later today. If not be safe!

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BooBoo's avatar

How To Become Debt Free!

Answer

Never go in debt always pay with cash.

I am 66 years young and I am mortgage free, debt free and my daughter has no student debt.

I have never gone in debt for a car, always paid cash and have never owned a brand new car, the most that I have ever spent on a car was the car I have today and I paid $8000 and I was stressed out and did not sleep for two weeks cause I spent so much...

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Ed Koller's avatar

Never owned a house? Ed

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BooBoo's avatar

You have never owned a house.

I have a beautiful waterfront home and I retired at the young age of 50 and I am living the dream cause of my gold and silver mining stocks in and out for the past 23 years...Fact

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Ed Koller's avatar

Actually I've owned four. Age 34 NY Victorian , 58 bought 5th wheel 38ft,. age 60 bought Condo with my dad in Fl., age 69 Tenn .my wife and I. sold all now live in an Apt, thank God. Someone else does the WORK. Two mortgage's two without. I[m old 82 , Never really in debt thanks to tenents. Ed

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BooBoo's avatar

Good for you and well done....

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Ed Koller's avatar

Thanks!!!

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Straw Man's avatar

🤣😂

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Alana Johnson's avatar

Thank you for all that you do Greg. You are an absolute GEM!

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President-Elect Zio's avatar

President-Elect Zio // Aug 24

Agree. Me think one more downmove in BTC (maybe @ 24,000) is possible. BUT 26,000 is a BUYING opportunity now imo. Am invested and expect a (real) rocket. (My) next target is @ 44,000. Good Luck @ all.

https://gregorymannarino.substack.com/p/bitcoin-in-a-bubble/comment/38986194

...

^^^ very stable genius ...

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Ed Koller's avatar

Stay safe, hope your power stays on. I was in the middle of Wilma in 2005 Cat #2, Every traffic light in Broward County was either without power or down on the ground. 1 week every intersection was a four way stop sign. What fun!!! Good Luck. Ed P.S. That's when they banned planting Ficus trees. Root system shallow and wide circumference. Ed

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adam monahan's avatar

Hey greg, should i be paying with a check then, for the online account when i scheduel apayment for below the minimum they still charge the minimum.

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cmj2a's avatar

Thanks.

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stvhtz's avatar

I assume you have to pay your rent and car payment if you want a place to live and a means to get around. But I suppose sending $5 until they repossess the car and evict you wouldn't hurt though? Any specific advice on this.

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Jeffro Bodine's avatar

All I owe are taxes, utilities, insurance and the commodities needed live on a daily basis. Just slightly keeping ahead of the curve but doing good. Thanks to Greg's MMRI, the revised MMMRI and all of the new variants of this great tool to come we should be in a good spot.

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Silence DoGood, MBA's avatar

Amazing work, Greg. This should be printed on a silver plaque and hung on a wall!

☕✝️

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Mare Roane's avatar

We are debt free and stackers. Stacking is purely for selfish reasons… As Rafi says… we’re going to be the ones with real money to help rebuild.

I say stack as much as you are able so we can get this train of dung on the right track and fertilize the fields🏵🐝🌱. Our son is 16… I am having him read this! Your an awesome human. Thank you🫶🏼

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sachin khunger's avatar

Worth a read !!

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Lynn's avatar

top notch and practical...thank you

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Brian's avatar

How about medical debt. Does this same advice work for medical debt?

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Straw Man's avatar

Probably only if it ternminal

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