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I don't think it's bad advice, but you have to be SMART about it.
I got as much cheap furniture as I could as soon as I knew I'd be moving from my furnished place to an unfurnished apartment, and tucked it away in weird places in my old apartment until moving day.
I found my couch at Big Lots, got my bed from Craigslist, and got furniture that you have to put together yourself rather than visiting the expensive furniture stores.
My recommendation: if you use a credit card to get furniture, just get something to sleep on (which can double as a sitting place) and be happy with that until your budget recuperates!!!