Debt has long been a controversial topic in financial planning. Some advisors insist that families should avoid it at all costs, while others believe borrowing can be a powerful tool for building wealth. This conflicting advice leaves many people confused about whether to pay off every loan immediately or use debt strategically. The truth is, the debate depends on perspective, risk tolerance, and long-term goals. By examining why some advisors encourage debt while others condemn it, families can better understand which approach fits their financial journey.
