Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

How smart is it to really be 100% debt free?
My take is that there are many factors to consider when deciding whether to accelerate payment of a debt beyond the require minimum. Ideally you would want to be debt-free with a home owned outright, a pension big enough to lead a nice life for the rest of your days and plenty of savings to cover any unexpected expenses. Being debt-free is not a bad thing but it should not come at the expense of your overall financial health.