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I mean, of course I’m not advocating maxing your credit on meebos or whatever frivolous spending floats your boat. The way you phrased it, it’s obvious that your elders meant going into debt to invest in your future.
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I mean, you can continue to rent for the rest of your life, paying money to a corporation every month, if that’s your prerogative. Isn’t very smart, though.
So you can use and enrich corporations for smart phones, buying groceries, paying for transportation, your electronic payments, insurance, etc. But draw a line in the sand for loans to better your life whether it’s education, home ownership, or car ownership?
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