Living a completely debt-free life is theoretically possible, but it can be challenging for most people, especially in a modern economy. Here are a few factors to consider:

Income and Expenses: Achieving a debt-free life often depends on your income and expenses. If your income consistently exceeds your expenses, you can avoid going into debt. However, for many people, this may not be the case, as daily expenses, housing, education, and healthcare costs can be significant.

Emergency Situations: Unexpected emergencies like medical bills, home repairs, or job loss can lead to debt. Building an emergency fund can help mitigate the impact, but not everyone has the resources to do so.

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