I avoid debt like the plague. I try my best to budget and most things in life fall under wants not needs. So many blow what little emergency fund they had on wants. When they have a true need well there no choice but debt. Further down the hole they go trying to dig themselves out with a spoon sized shovel. There are expectations to be made but most seem to think every whim or want is such a thing.

Debt makes more sense from a business stand point then use in personal stuff. That as well has to be a careful step one at a time. Banks they love to over lend and companies always take on more than they need for silly things.

I’d avoid it all if I could. When I can’t I want a giant shovel dig myself out of that mess!