I strongly suggest you read an introductory finance textbook. To save people some time, here's a 23 second long explanation of why having debt is bad. In short

I strongly suggest you read an introductory finance textbook. To save people some time, here's a 23 second long explanation of why having debt is bad. In short, it takes priority over other obligations: https://www.youtube.com/watch?v=3XGAmPRxV48 https://www.youtube.com/watch?v=3XGAmPRxV48