It's important for us to understand that the battle for our finances is really a spiritual battle. The enemy tempts us to spend more than we are able to pay off so he can keep us under pressure and distracted from our walk with God.
But we need to have a goal to enjoy the life that Jesus died to give us, a life of righteousness, peace and joy in the Holy Spirit.... We can't do that if we are under pressure and frustrated by financial debt.
It's possible to live debt free by using biblical principles for managing money. If we learn to live within our income, or our borders, then God will bless us, our borders will be stretched, and we'll have more. Luke 19:17 tells us that God is pleased when we are faithful and trustworthy in little things. When we are, it says He will give us authority over bigger things.
So don't fall into the trap of trying to live "bigger" than what God's entrusted you with. Stay out of debt by living within your boundaries...then watch God expand them.