Great video by Matt D’Avella...oh and profanity warning.
Dave Ramsey has been saying this same thing for years. You buy stuff you don’t care about with money you don’t have to impress people you don’t like. We did Dave’s Total Money Makeover years ago and got out of all debt. It is the single thing that made it possible to survive a 2 year business downturn as I transitioned from being a developer only to a coach/writer.
If I had car payments or a bunch of debt to service I have no idea what would have happened. The 2 years was tough enough as it was, and we’re still coming out of it.