It's very not easy to live a debt-free life when you look at the overall economic situation in the world. It is necessary that your income should exceed or at least be equal to your expenses, then it will be possible to live without debts. But personally, it is very difficult for me to do this because I do not often keep my budget. But in spite of this, there are still people who live absolutely debt-free. But these are most likely people who have an additional source of income or a huge salary that allows them to cover all their expenses.