Financial independence is something that's been purposefully pushed to the fringe of society. We've got very few people who fit the category of subsistence farmers in the West even though we have the potential for their to be a lot.

The main reason why businesses don't grow is regularly cited as the founder/owner refusing to give up control and micromanaging. One person can only micromanage so much.

Is "subsistence farmer" a metaphor for financially independent? Otherwise I don't see why people would want to be subsistence farmers.

It's good to follow one's dreams. But there is a line between living in the moment, on one side, and not planning for the future, on the other. Youngsters are in for a rough ride later on if they are too romantic about practicalities and do not take well-conceived steps towards financial independence later in life. This is true whether they have it in them to become superstars or are simply hoping to do what they do well.

>Never go into debt.

This is bad advice. Sure, don't go into debt that you can't properly service, but I've made some good money that started out as debt (large investments, etc).

You had luck on your side though. Not everyone does.

Sure, there was some luck (there was also some educated guesses involved) but I'm simply arguing against use of the word "never". Debt can be good if it is the right kind of debt.

Agreed on never. I recommend house debt, where there isn't enough cash and there's no obvious bubble, only because houses are almost sure to appreciate given inevitable population growth.