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RE: You are only in debt when you don't understand the breakdown of finances.
You are absolutely right. We all are in debt. As I have stated there are good debt and bad debt. Mortgage is sure good debt. On the other hand, if someone have to depend on debt/loan to meet his end needs, there's no good in it.
I'm mostly talking about the day to day expenditure and financial calculation.
Thanks.
Im glad to see how responsive you are @iamjohn
Respect :)