 In other words, you don't take on debt if you have savings, especially high interest credit card type debt. You're not borrowing those kinds of rates. If you have savings, you can access and tap to cover your basic expenses. It just doesn't work that way. And as he wraps up this article, he kind of finishes up with this where he says, as frustrating as it is to see prices going up, we have to accept this is likely the new standard to adapt to.