I've been debt free in my personal and business life for the last 5 years. All I can say is the freedom it gives you is enormous. Once you decide to live within your means you find out your means start to grow. You also stop buying things you thought you wanted but really didn't. These things is what enslaves us to the system. You don't realize this fully till you break free of that system. In other words we are slaves to the system while we really think we are free. True freedom is doing what you want when you want to do it most of the time. By looking at the debt levels and the huge financial bubbles in the US its safe to say most people can't do what they want most of the time because of debt obligations. It took me over 40 years of life to see the forest through the trees and to find freedom and by no means was it easy to break free or an overnight realization. But what I can say is I'm much happier and look forward to each new day.
Once we realize how much more prosperous and free we become without debt new worlds open us for us. Once you realize this paper we call money is backed by nothing and is printed out of thin air and the global elites who print it then lend it to us with interest (which is where the enslavement starts) we can see how this whole system is a bullshit lie. If you start to stop borrowing money and live within your means it will eventually shut this enslavement system down and the world peace and freedom. This system is also responsible for why everything cost so much and is draining the life out of the middle class which is the economic engine of this country.