I'm just trying to put together my post BK strategy.
Even when I feel that I am responsible enough again to have credit, I just don't want to pay the price (meaning interest + fees) of borrowing money. I don't desire "paper wealth" through real estate or other means, but real cash wealth.
There are companies that I've heard of that have 0 debt...in fact, here's an article of 10 companies that have ZERO debt, and billions in cash: http://www.thestreet.com/print/story/10780616.html
I know that we can't live completely off the radar, but has anyone found a "happy place" after BK...where they are living as debt free as possible, and using financial institutions as little as possible, or perhaps, not at all??
Even when I feel that I am responsible enough again to have credit, I just don't want to pay the price (meaning interest + fees) of borrowing money. I don't desire "paper wealth" through real estate or other means, but real cash wealth.
There are companies that I've heard of that have 0 debt...in fact, here's an article of 10 companies that have ZERO debt, and billions in cash: http://www.thestreet.com/print/story/10780616.html
I know that we can't live completely off the radar, but has anyone found a "happy place" after BK...where they are living as debt free as possible, and using financial institutions as little as possible, or perhaps, not at all??
Comment