I think everyman ought to endeavor to be debt free. We are indebted to God and we ought to be a slave to no man. It is a good thing to get rid of debt. However, its hard to do that in one fell swoop so it may at times be wise attacking your debt in a methodical manner. The monetary system we are in now force you to be in debt with a mortgage for 30 years or less. This debt is forced and must be coped with. Credit card debt in my estimation seems foolish though.