Some of the most wealthy peopleHave the most debt. Some even argue the more debt you have the wealthy you are.
I have no Cash but a house worth 2 million and Cottage worth 1.5million 2 cars a boat worth 250 thousand.
I have a combined morgage and credit line of 4.3 million and yet I can still borrow based on factors such my credit and future valuation of what I have.