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  1. Dictionary
    debt-free

    adjective

    • 1. not owing any money: "the family business is healthy and completely debt-free"

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    More definitions, origin and scrabble points

  2. dictionary.cambridge.org › dictionary › englishDEBT-FREE | English meaning - Cambridge Dictionary

    adjective. uk us. Add to word list. not owing money: The company's virtually debt-free status gives it the flexibility to consider larger deals. (Definition of debt-free from the Cambridge Business English Dictionary © Cambridge University Press) Examples of debt-free. debt-free.

  3. www.experian.com › blogs › ask-experianWhat Does It Really Mean to Be Debt-Free? - Experian

    Oct 22, 2022 · Quick Answer. Being debt-free means you don’t owe any outstanding debt. However, carrying no debt other than your mortgage payment or a credit card you pay in full each month could make sense. In this article: What Does Being Debt-Free Mean? Pros and Cons of Living Debt-Free. How to Become Debt-Free.

  4. dictionary.cambridge.org › us › dictionaryDEBT-FREE | definition in the Cambridge English Dictionary

    adjective. uk us. Add to word list. not owing money: The company's virtually debt-free status gives it the flexibility to consider larger deals. (Definition of debt-free from the Cambridge Business English Dictionary © Cambridge University Press) Examples of debt-free. debt-free. We will be 100 percent debt-free in just seven years.

  5. www.cnbc.com › select › being-debt-free-and-how-it-impacts-lifeHow Being Completely Debt Free Can Impact Your Life - CNBC

    Apr 5, 2024 · If you aspire to live debt free, following a few steps — calculating how much you owe, choosing a paydown strategy, creating and sticking to a budget and formulating a plan to remain debt free...

  6. www.nerdwallet.com › article › finance5 Strategies to Help You Live a Debt-Free Life - NerdWallet

    Apr 27, 2023 · For many people, living a debt-free life is a goal that equates to financial freedom and thriving, not just surviving. All forms of debt, be it student loans, car loans,...

  7. www.debt.org › advice › debt-free-livingDebt-Free Living: Is It Possible & How to Limit Your Debt

    Jun 20, 2024 · Living debt free can seem like an impossible goal but with a few key changes you can be on the way to a debt-free life. Learn how to eliminate your debt today!

  8. moneyzine.com › debt-consolidation › debt-free-meaningDebt-Free Meaning: How to Become Debt-Free (Is It Worth It?)

    Apr 17, 2024 · Becoming debt-free means having no outstanding financial responsibilities or debts. For many it’s a big step towards financial freedom and getting rid of a large chunk of financial stress. Debt can come in all shapes and sizes, including: Personal loans. Medical bills. Car loans. Student loans. Credit card balances. Mortgage loans.

  9. www.thebalancemoney.com › debt-free-characteristics-40598337 Key Traits of People Who Are Debt-Free - The Balance

    Jan 14, 2022 · Somer G. Anderson. Fact checked by Julian Binder. Photo: Geber86/Getty Images. Was this page helpful? People who are debt-free tend to develop characteristics and habits that allow them to live a lifestyle with no debt, such as being goal-driven, disciplined, and more.

  10. www.bankrate.com › loans › personal-loansLiving Debt Free and How to Get There | Bankrate

    May 1, 2024 · What does it mean to be debt-free? Living debt-free means having no outstanding payments or financial obligations on credit cards, personal loans, student loans, auto loans, medical bills,...

  11. www.themoneyprinciple.com › what-is-it-like-to-be-debt-freeWhat is it Like to be Debt-Free? (& How it Affects Your Life)

    Nov 1, 2023 · Are you ready? Benefit 1: Being debt-free is living stress-free. An immediate and remarkable benefit of being debt-free is the overwhelming reduction in stress. Financial stress can take a toll on your mental and physical health.