Social media platforms have brought about many influencers to teach, talk about, and even try to influence people on their money decisions. Honestly, there are a bunch of grifters out there trying to make it for themselves.
Whoever gave this advice does not know what they are talking about. Carrying a balance on your credit card will show that you cannot pay your bill on time.
Saving is significant for the budget and for getting you ahead. Breaking that paycheck-to-paycheck cycle is one of the best things, but only saving 10% is no way to be set.
People say life is short. That is true, but if you live to be 100 years old, spend all your money, and never save, that life will feel very long. Try to save money to have it when you need to retire.