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The 'godfather of financial independence' says young people should do two things to build wealth—and it's nothing 'silly' lik

Experts Warn Financial Independence Needs Debt Relief

Financial independence is nearly impossible without first eliminating high-interest debt, because the interest erodes savings and delays compounding. The Congressional Budget Office projects federal debt will exceed $30 trillion by 2036, underscoring how debt can dominate personal finances (CBO). Financial Disclaimer: This article is for educational purposes only and does