I’ve used debt both positively and negatively -
When I look at my debt I always ask myself “what is this debt linked to? What did I get for it”
e.g. I have a £100,000 loan and whenever I look at it i know it is linked to my house - the debt serves a purpose.
I have another loan that is linked to an investment I made and I ask myself “what is this debt linked to, oh yes my shares in xyz”
I also have negative debt, I look at my credit card and see the balance and ask “what on earth did I spend that on?”
Negative debt is also debt that doesn’t seem to shift.
Getting a loan that serves a purpose and has a repayment plan that you know will clear in 24 months is good. Having a credit card balance that never seems to get lower is bad.