There is good debt. And bad. Most is bad.
An example of good debt would be proper usage of leverage for your real estate investments.
An example of bad debt would be Friday night on the town on your MasterCard at 21.35% per year because you don’t have enough to pay the card off when the debt comes through. Or the clothes you shouldn’t have purchased. Or the vacation you should have put off, etc.
Rather than investing in real estate or the stock market before it’s time you might want to take a look at the returns paying down your debt can bring you. Bud Harvey, a CPA here in the Kansas City area has a nifty little Debt Investment Calculator on his website. I invite you to go an play around.