Absolutely pay off your credit card debt, because a child can always get a loan to go to school, possibly a scholarship, a grant.

Money is the currency of life because it is the external measurement system that all of us have as to how we judge where we are in our own lives.

When you understand that your self-worth is not determined by your net-worth, then you'll have financial freedom

As our net worth falls, so does our self-worth. Ironically, it's when we don't have it that we most feel we have to flaunt it.

A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.

Remember that in most cases, student loan debt is not dischargeable in bankruptcy. So you continue to pay it off anyway. Those who have very low interest rates (2-2.5 percent) on student loans and know everything is secure, great.

Live below your means but within your needs.