I am not 100% against all forms of debt…for two reasons.
When in Doubt, Kick It Out!
I believe that most of the “all or nothing” rules out there are meant for novices and newcomers. That, and they can be helpful for folks who just don’t have great self-discipline and are self-aware enough to know that they should probably just stay away from a thing altogether.
An example that comes to mind is in the game of soccer. Defenders are taught at a very young age, “When in doubt, kick it out!” This helps save teams from costly mistakes made by defenders who are trying to make decisions under pressure while standing near the goal they are defending.
This guy had no business dabbling in debt. He should have just paid cash: