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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    11 months ago

    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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          11 months ago

          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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        11 months ago

        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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    11 months ago

    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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      11 months ago

      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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        11 months ago

        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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          11 months ago

          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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            11 months ago

            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.

    • chepox@sopuli.xyz
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      11 months ago

      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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    11 months ago

    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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    11 months ago

    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)

      • Tolookah@discuss.tchncs.de
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        11 months ago

        I would assume “survival essentials” are enough for the planet in question, and not just a sleeping bag and beef jerky

        Edit: before anyone argues, it CAN include a sleeping bag and beef jerky.

      • atlasraven31@lemm.ee
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        11 months ago

        Not necessarily Earth-like. A lunar or martian outpost would be enough. Enough water, food, and air for 50+ years.

        • GR4VY@lemmy.worldOP
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          11 months ago

          If I didn’t have earthly attachments (child), I’d ask to be part of your 20.

  • RGB3x3@lemmy.world
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    11 months ago

    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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      11 months ago

      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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    11 months ago

    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.