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

  • Lusamommy@alien.top
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    1 year ago

    Any major purchase, so long as I could get a good interest rate, really. I’m far better off keeping money invested and leveraging debt to my advantage

  • RGB3x3@lemmy.world
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    1 year 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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      1 year 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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    1 year 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.

  • phanto@lemmy.ca
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    1 year ago

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

      • Tolookah@discuss.tchncs.de
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        1 year 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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        1 year 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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          1 year ago

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

  • Kalkaline @leminal.space
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    1 year 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.

    • chepox@sopuli.xyz
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      1 year 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.

  • donuts@kbin.social
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    1 year ago

    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.)