I spent much of my 20’s digging myself out of a financial hole. I accumulated debt in the form of student loans and back taxes on self-employment income.I was smart enough to avoid credit card debt, but all debt is stressful. Compound debt with the fact I live in one of the world’s most expensive cities and you have a recipe for high-anxiety.
I have been debt-free for the entire duration of my 30’s and it feels amazing. In fact, being debt-free has liberated me. It allowed me to quit my high paying job to pursue more fulfilling work. Since I don’t owe anyone money, I don’t have to earn as much as many of my peers.