Question of being in debt VS being poor
So just a general question for anyone who still watches me.

Which would you prefer to do: Eliminate all your debt but have money in the bank, or completely pay it off and have very little in liquid assets?

I ask because I chose the latter and paid off my new car loan instead of taking the money and doing something with it, like investing or splurging on something else. I personally love the feeling of never paying interest on any bills (except my mortgage but that's usually a lifelong thing), having near perfect credit, and never having to worry about collectors. That and there is a feeling of satisfaction in pissing off the banks because they don't get to make money off you. However...

Question of being in debt VS being poor
So just a general question for anyone who still watches me.

Which would you prefer to do: Eliminate all your debt but have money in the bank, or completely pay it off and have very little in liquid assets?

I ask because I chose the latter and paid off my new car loan instead of taking the money and doing something with it, like investing or splurging on something else. I personally love the feeling of never paying interest on any bills (except my mortgage but that's usually a lifelong thing), having near perfect credit, and never having to worry about collectors. That and there is a feeling of satisfaction in pissing off the banks because they don't get to make money off you. However, all my friends and colleagues think I should have found something with a larger interest rate than my loan and invested in it.

Thoughts?