I wanted to highlight this podcast by The Black Brigade Debrief because of a particular story he tells in this episode. It was about how one of his employers would say "we got 'em!!!!" when a new hire, upon accepting their job offer, would go out and borrow money to buy a brand new car or truck.
I cannot emphasize this enough about gray haired bosses and baby boomer scum and how they look at the younger generations as a source to feed upon. Your employers, the corporations, and supervisors do NOT look at you as some kind of "vital member to the team," but rather as a tool to advance their own aims. And they CONSCIOUSLY push younger people to endebt themselves so that you need them more than they need you, thus allowing them NOT ONLY the ability to squeeze more work out of you for less pay, but to maliciously and sadistically get off on treating you like shit.
Do NOT go into debt.
Do NOT buy cars you can't afford.
Do NOT sign mortgages for McMansions cause wifey poo wants you to.
Be a minimalist. Spend within your means. Stay out of debt. And get into The Position of Fuck You.