An example: for me, I’d happily go into debt to travel, or make sure my son has a good education.

  • phanto@lemmy.ca
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    1 年前

    A cure to whatever the heck is wrong with me! Hell, even a diagnosis would be nice…

        • Call me Lenny/Leni@lemm.ee
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          1 年前

          Except you’d be dying with unfinished debt. There is a reason (however misguided) that burial/cremation services post-humously extract money from the possession of the dead. Some cultures are so in debt that this is how debt slavery arises, the next of kin of the deceased must (legally-speaking in their nation, not morally) pay it off with their services. Not to mention debt is one of the (several) reasons why legal systems oppose self-destruction.

      • PeWu@lemmy.ml
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        1 年前

        I just don’t want to be here, that’s all.

        As for inheritance, I’d need to have something to pass on, so this doesn’t count.

  • Kalkaline @leminal.space
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    1 年前

    I’m actually pretty happy with my mortgage. I got a good deal in 2013 and refinanced to a 15yr at 3.25% a couple years ago. It’s the definition of “good debt” because inflation and my home’s value has way out paced the interest.

    • GR4VY@lemmy.worldOP
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      1 年前

      Man, if I could’ve purchased a house in 2013 I would’ve. I was graduating high school though lol

      • Kalkaline @leminal.space
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        1 年前

        I know I was super lucky. I look at home prices today and what it would take for me to get there and just shake my head.

        • GR4VY@lemmy.worldOP
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          1 年前

          I’ve given up. The interest rates are ridiculous, and home prices where I want to live (anywhere in the western USA pretty much) are insanely inflated.

          • Kalkaline @leminal.space
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            1 年前

            There are some deals to be had, but you’re buying in high crime and impoverished areas or in rural areas and you have to hope development will follow.

      • Hazzia@discuss.tchncs.de
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        1 年前

        Even if I could’ve bought in 2019 I’d have been happy, but silly me was prioritizing paying off other debts rather than saving for a down payment. Damn pandemic.

    • chepox@sopuli.xyz
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      11 个月前

      OMG. I got 8.95% for a 25yr mortgage and it was an awesome deal. Market was about 13.5%. Your numbers are really just free money from where am standing.

  • RBWells@lemmy.world
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    1 年前

    A house, because we were paying rent anyway. My car, it’s paid off now and I couldn’t have made as much $ without it.

    But we are up to our eyeballs so it would have to be something incredible. A business with no possibility of failing, maybe.

  • bluGill@kbin.social
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    1 年前

    Nothing. I hate debt. I have a house payment as for me it is a better deal than rent, but i’m not happy. I’ll probably get a car loan when the id.buzz comes here, but i’ll hate it.

    Debt that makes money work for you is okay, but most doesn’t do that and is a bad deal. I have no interest in running a business, and if you don’t make money because of it, debt cannot work for you. (I.could pay cash for a.tiny home in middle of nowhere places that I prefer not to live)

  • RGB3x3@lemmy.world
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    1 年前

    If my daughter were to need any medical procedure, I’d take on as much debt as necessary. I don’t give a fuck, I’m getting her fixed no matter what.

    • GR4VY@lemmy.worldOP
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      1 年前

      I know the world is full of people with similar issues, but I wonder if you’re my best friend 😅 you speak like him, and he also has a hernia needs fixing.

  • Call me Lenny/Leni@lemm.ee
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    1 年前

    I mean, no matter what anyone is getting out of it, it would be theft if I could never pay it off. In which case I guess I’d go into debt if it meant curing other people of their own debt.

  • donuts@kbin.social
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    1 年前

    A home, for sure.

    Expanding my business a bit would be reasonable.

    Probably a car, even though it’s not always financially a great idea.

    Any other big purchase that would enrich my life in some way (for example, broadening my education, getting a piano, traveling, putting together a family, etc.)