Avoid debt. Liquidity = freedom. Hoard cash, crypto, and tradables, debts make you a slave.
Discussion
I tend to agree, in principle, but it's hard for me to pay off all my debt like Dave Ramsey suggests when I know my money will go up more than the interest on my debt. I would have less bitcoin if I paid my HVAC in Full last September.
Same
It's something I struggle with. I decided to debt snowball it by plowing an extra $500 per month into my debts. It's essentially Dave Ramsey's advice, ignoring his dumb-ass #bitcoin opinions.
Ironically, his Financial Peace University influenced my decision the most. He said something like:
It's dumb to earn 10% in the stock market, and have thousands of dollars in a savings account that pays 0.01% interest market if you pay 30% on credit card debt.
Back when I watched the videos, I already saw bitcoin go from $200 to $600 and thought about it.🤔
Well...yeah, but what if my savings account pays 50% or 100% per year? Who's the slave now? The borrower or the lender? I think we know the answer.
I think you should compare interest and gains against inflation (real inflation, not what is reported).
What they charge you for a loan, mortgage or CC-debt is just a measure how hard you are being fu.... combined with how stupid someone is.
#Bitcoin is an answer to most of this, hint why they don't like it......
That's exactly what I do. I prefer using the Chapwood Index, but you could also use shadow stats or m2 if you wanted.
San Diego is the closest US City to me so I use 12.85% as a benchmark.
If I can obtain a loan for less than. 12%, I would rather make monthly payments. The interest is 10% on my new AC/heater, but bitcoin is up 36% since then despite the fact that every normie in the world thinks it "crashed."
If I paid cash, I would have to add a 15% sales tax the government calls "capital gains." Fiat is debt anyway so I think it's a bad idea to sell sats for debt.
Of course, if my job was my only asset and I had less than $400 in the bank(I do, but you know what I mean) , this would be terrible advice. I get why Dave Ramsey tells normies to sell CrYpTo, but his math doesn't work for bitcoin. 
With money supply growing at 7% per year, low fixed interest rate debt is the smartest move you can make, as long as you use it to buy scarce assets and don’t over-leverage. It’s a tool. I use debt all the time in investing, and it keeps me liquid because I don’t spend all my good money (bitcoin) on new assets. I can use shitty borrowed fiat that debases faster than the interest payment. Make the banks pay us some of that back after decades of robbing us blind.
Folks don't like the word "slave"; they honestly think we abolished the concept entirely