The psychological benefits of being “debt free” are highly overstated in my experience

I am debt free and I don’t feel good about my financial situation at all, I feel miserable about being a low income earner and having a low earnings potential.

I remember when I first got out of debt after college I really didn’t feel good about it at all because of my low income potential. I can’t understand why so many that follow Dave feel so optimistic once they’re debt free, even if you’re income doesn’t go to debt anymore it still goes to increasingly pricey shelter or transportation or healthcare or food.