I've always connected with the views of Mr McCawber from Charles Dickens' David Copperfield book
Annual income twenty pounds, annual expenditure nineteen nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.
I was in debt when I was young and I hated it.
I hated the control others had over you and the way you had to work hard just to keep your head above water.