> Also, debt is bad. Debt is the ultimate "blue pill".
Nonsense. Debt managed carefully is exactly how you join the million dollar club.
Twenty years ago, my grandfather told me that he had never been in debt, ever. He always paid cash. Always. He was strangely proud of this.
My immediate reaction, even though I barely knew anything about finances: "Well, that sounds like a dumb, dogmatic principle to follow".
A few years ago, I bought a car and I carefully played the card of "This car is beyond what I can afford but you, the sales person, are so good that you convinced me to buy it anyway". When we went to discuss the finances part, I was given several options: 1) a loan with no down payment and a crazy interest 2) a loan with some down payment and a reasonable interest and 3) all cash.
I could have bought the car in all cash. The money was there, in my bank account, ready for this. However, the interest for option 2) was 1.5% and I knew of at least one bank that would give me 3% of interests if I deposited at least $30k in this account and maintained it for a year.
So what did I do? I picked option 2 of course. I went in debt. And I didn't just save money doing so: I earned money.
Debt is fine for people who have a reasonable ability at managing it. This is how you get rich, don't listen to people who tell you "never do this" or "always do that": look at the number and make the smart decision.