<prompt> Human: Disclaimer: I dont know the answer because Ive never owed too much money.Disclaimer 2: I do not live in the USPretty much everyone I know has a huge debt, wether it is from the house, student loans, or anything else, but nobody seems to have a problem with it, they just pay a small part no more than 10 of their salary every month and thats it, no worries, and if they get in financial trouble they just lower the percentage, they just consider it part of what they have to count before they get to what they really earn, alongside taxes and retirement AFP.Why does this subreddit hate debt so much? Its a good thing, it allows you to get stuff now and pay for it later, when you actually have the money. Please dont downvote, its an honest questionEDIT: I got it, debt in itself is not bad, its debt from buying unnecessary stuff that loses value over time, is that right?  <response>: I dont think anyone in this sub hates productive debt. I, for one, hate debt that isnt necessary, or that is frivolous. A house is equity, it is a roof of my head, it is security. A 35k car instead of a 10k car, when I can only afford the latter is frivolous. Debt that is unsustainable is bad. Debt that you have no way of paying off is bad. My honest opinion is that when it comes to frivolous items, if you dont have the money to pay for it now, you really shouldnt buy it. This is exactly how people get into trouble. They underestimate how many things they need to pay off, interest kicks in and now theyre barely keep their head afloat. Plus, you end up paying for the item 2, 3, 4, 5 ... 25 times over. 