Is debt a good thing?

Is debt a good thing?

Many people don't think that they want to be in debt. Without debt, they feel good. With debt, do they really have troubles?

If you don't rent a car and want to reach your destination, you have to walk, take taxi, or take bus; if you rent a car, you can go anywhere with lower cost compared with taxi's cost.  Does it mean you don't need to rent a car because you are afraid of incident? Actually,  incident may occur in both scenarios. The question is if you are able to drive a car properly and can mitigate risks.

Same idea, if you borrow money to make a reasonable investment and have skills to control risks, you will get positive cash flow. That is your passive income.

Therefore, don't be afraid to borrow money. But, you should keep in mind to improve you skills to have good debt other than bad debt.