Stop taking out debt We are paying too much interest on debts and all of this extra money goes straight to the corrupt banking industry. Even with a “conservatively-priced” $200k house, a 4% interest rate and a 30-year mortgage, you're paying almost $144k in interest - totaling almost 2 times the price of the house. You may never find a house that cheap or an interest rate that low anymore, so the total cost will now be even higher, with the interest alone likely now MORE than your original mortgage. Vehicle interest rates are similar. Credit cards interest rates are ~5 times the interest rate of a mortgage. Debt is SLAVERY.