Many people misunderstand debt as an always bad thing, and properly utilize it as the useful tool it can be. There is definitely a case for always avoiding debt, but it’s only really feasible for a specific person trying to live a specific lifestyle. As many of you have already said, it’s basically impossible for the average American to never go into debt at some point in their lives. However, while complete debt avoidance is a stretch, sometimes debt is an option, and not always the right one for everybody. Taking on debt at the wrong time or in the wrong situation won’t build credit, in fact, it’ll probably hurt it. Because using debt as a tool relies on the assumption that you’ll be able to pay it off in a timely manner, it doesn’t account
