Originally Posted by
LABARINTH
Would you consider it debt if you financed a car but you could have paid for it outright? You chose to finance it because you make far more buy leaving it in the bank than the amount you pay financing.
if you owe money to someone, it is debt. it doesn't matter if you have matching funds in your bank account. your net worth will be equal to or greater than zero but you still are indebted to someone.