I bought my land and house through owner finance, my debt was to a single individual.

That’s cool and all, but it isn’t practical if the person selling you the house also has a mortgage they need to pay off before moving. Shy of paying in cash, there’s not a home in my city of Houston I could have managed that with.

I buy used cars only, either through owner finance or paid in full. No banks.

I mean, that’s totally cool. But, again, it requires you to have a significant amount of cash on-hand and someone willing to sell a decent vehicle at a reasonable price. Possible, but certainly not trivial. And with the sheer number of dealerships and resellers and outright scammers in the business, its a minefield.

I have never had a loan from a bank.

Its certainly nice to have enough cash on hand to manage this trick. But good luck going to college without a parent’s savings. Even city colleges charge you far more than a part-time high school diploma job brings in.

I did know a couple of people who were born into relative poverty and managed to be totally unbanked while having a relatively easy time of it. But they were both sex workers. Not a career for the faint of heart.