What is considered debt?

[Stephen Nava]

If my primary home is free and clear, are the home insurance and property tax considered debt? There is no escrow account and it does not show up on my credit. 

[Evan Salvador]

@Stephen Nava I wouldn't consider property tax and home insurance a debt.  Those are expenses.    Some people use them interchangeably.   I consider debt, money you borrowed that you have to pay back.  You don't owe tax or home insurance unless you're late on the payments.  If you consider those debts, then no one on earth is ever debt free.