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From my perspective, debt for a home makes a lot of sense. Even if you buy a house when you're poor (like we did), the monthly payment will be just a bit more than renting. Give it a few years and soon 50% or so of your payment is building equity. At that point it's kind of like your monthly housing costs have been halved. Rent a room in that house and you're golden.
There are other times when debt makes sense. Like a cash-back credit card that you pay off monthly. And... I guess can't think of anymore.
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2024 Chevy Bolt
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2015 Nissan Leaf S, 164 mpge
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