finally the third exception when it comes to taking on debt is a mortgage real estate going and buying 100% cash is not very realistic for people and the other great thing is that real estate is almost always an appreciating asset yes you are going to have payments over time you are technically in debt when you have a mortgage but here's the deal you're going to pay off that house ASAP so once you get through baby steps 1 through 5 you're going to go work on baby step six which is paying your house off early.
