never have to take on any debt
Here it's the opposite. Not only everyone have debt, it is highly encouraged. This is because debt payments are expenses and therefore tax deductible.
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never have to take on any debt
Here it's the opposite. Not only everyone have debt, it is highly encouraged. This is because debt payments are expenses and therefore tax deductible.
Most private people here have debt as well. Most people I know have debt. I don't like it. Never spend more than you have, and especially don't spend on something you don't need.