In 1991 my SO and I owed no one anything. Our net worth was only a few thousand dollars - but we had no debt.
Then for 25 years we had various loans and debts. Houses, cars, college loans, and other things that happen while raising 3 kids. We also started IRAs and such so we were building wealth - but still always had a few loans for various things.
Now once again we owe no one anything - the first time in 25 years! But this time our net worth is well over 200,000.
It feels good.
And now I'm thinking about building wealth for retirement. I fell into a job with a state pension about 6 years ago. So I would be ok even if I didn't plan my own retirement. But I'm still doing it as I like a multipronged plan. I guess I really don't trust people to keep pension promises. 😄
So ...
1. It feels good
2. It feels different
I'm thinking about how to keep my money secure. So I'm still thinking about money. 😜