Everyone's situation is different. That's great that you bought a house with cash, but most people would need to save up for 30 years to afford a house. What should they do in the meantime? Pay their landlord's mortgage? Live with their parents?
Paying a debt payment that is a fraction of their income is within their means. Your hard-line approach is unreasonable for most people.
I agree everyone’s situation is different. And the post I made is certainly hard to follow. But it’s nevertheless true. There are numerous ways to live within your means without borrowing from a corrupt bank. I could name some ideas but everyone’s situations is too specific. Will there be sacrifices to be made to live affordably? For sure. Regardless debt is not the answer. Live within your means. I would ban mortgages if I could. Debt is slavery.
The banking system has really brainwashed people into believing they can’t survive without them. Don’t believe it.
