HOW DO I PREPARE FOR ECONOMIC COLLAPSE? PART 4
Should I Get Out Of Debt?
Many who write about the coming economic collapse say that you shouldn't even bother to pay off your debts because the financial system is going to collapse anyway.
I don't see it that way.
I don't believe our banks are going to totally collapse and suddenly go out of existence.
Not in the short-term anyway.
So, I believe that it is actually a good idea to get out of debt. When financial troubles hit ,you don't want a horde of bill collectors coming after you among everything else you might be dealing with.
A lot of freedom that comes with getting out of debt, and in this environment, it's wise to become as independent of the system as possible.
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