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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    9 months ago

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

  • Kalkaline @leminal.space
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    9 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.

    • chepox@sopuli.xyz
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      9 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.

  • bluGill@kbin.social
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    9 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)

      • PeWu@lemmy.ml
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        9 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.