To live on debt or debt free?

My wife thinks it is better to purchase things on credit when you need them than wait for extend amount of time to save money and buy them with cash. Every time we get close to paying off one debt she is ready for another one. I preffer buying things with cash but her argument is that she wants to enjoy in life while she is young and what makes her happy now probably wouldn't when we get old! I kind of understand her on that part because what's the purpose in life if you spend most of it waiting for saving money and when you finally saved enough and paid off everything you are 60 or 70 years old!
Any suggestions?
Thank's.
By aljosa 9 years ago :: General
  • Robert Betancourt
    MA, Professional Counseling,Therapist
    Emotional Healing-25+ years experience in helping people find solutions that work. "one of the best therapists here" $2.49/minute
       4.93/5
  • Rafael Morales
    MA-MS, MHT-MHRS
    I have extensive training and expertise in clinical, counseling, transpersonal/integral psychology and coaching. I provide support to those willing to work on themselves… $2.75/minute
       4.84/5
  • View More Experts
    15