Ontario & Alberta Mortgage Professional reveals 5 characteristics of debt-free people

Most people assume they’d have a lot less debt if only they made more money. But in reality, debt isn’t an income problem, it’s a spending problem. You could be making $100,000 a year, but if you’re trying to maintain a $150,000 lifestyle, you’re going to end up with massive debt. On the other hand, if you make $80,000 a year and live a $65,000 lifestyle, you’ll end up with no debt and a bright financial future! The kind of people who manage to live debt-free aren’t necessarily high-earners, but they have certain characteristics and beliefs in common. Here are 5 characteristics of debt-free people. If you're looking for a top-notch mortgage professional in Toronto, call us at (866) 492-4024.