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What is debt free to you??
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There's debt-free and then there's debt free.
Ideally, one should owe no one money with free title to all of one's assets. That is to say, you own property with no mortgage, no personal debt, no business loans.
In more readily achievable terms, I will be happy to consider myself debt free if the only debt I have is debt that is working for me, such as lines of credit or a small mortgage. (Mind you, I'm too poor to even *have* those debts right now, but one can aim to work towards them).LBM: June 2023. Amount owed: ~£10,000I've gone debt free before, I can do it again!0
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