@cjacksonI see this advice a lot and its not really good advice. Paying all your debts and being debt free is rarely a good idea. While some debts should be paid as fast as possible it depends on the interest rate. If I have a lone that is costing me 4% a year then it is only a good idea to pay it off as fast as possible if I can't put that money into something that pays me 4.01%+. Debt isn't a bad thing so long as you are still living within your means.
I also see this a lot with people buying homes and deciding to go for shorter mortgages so that it's payed off faster and then are unable to ever properly save.
