High school graduation season is upon us. In coming weeks, valedictorians across the country will admonish their fellow graduates to follow their dreams. For some, that will mean heading off to college. For others, it will mean going to trade school or getting a job. But no matter which path you follow, there is one piece of financial advice that will pay greater dividends than any other: stay out of debt.
When you get into debt, you surrender some of your freedom. The more debt you have, the more freedom you give away.