this post was submitted on 12 Dec 2023
44 points (92.3% liked)

Asklemmy

43810 readers
1 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy πŸ”

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 6 years ago
MODERATORS
 

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

top 50 comments
sorted by: hot top controversial new old
[–] phanto@lemmy.ca 50 points 2 years ago (4 children)

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

[–] ericbomb@lemmy.world 36 points 2 years ago (1 children)

Would be a lot nicer than the current system of "go into debt for doctor to shrug at me"

[–] phanto@lemmy.ca 4 points 2 years ago (2 children)

I'm in Canada. I'm just going broke for my inability to work, not from medical bills.

load more comments (2 replies)
[–] GR4VY@lemmy.world 3 points 2 years ago

Understandably!

[–] Num10ck@lemmy.world 3 points 2 years ago

might not hurt to provide one of those new AI a rundown of your subjective and objective info and ask for treating diagnosis

[–] cheese_greater@lemmy.world 1 points 2 years ago

What do you think is wrong with you?

[–] captainlezbian@lemmy.world 32 points 2 years ago (2 children)
[–] distantsounds@lemmy.world 12 points 2 years ago

Did that at the end of 2006, and it’s still the single worst decision of my life. If only I waited another year and a half…

[–] GR4VY@lemmy.world 3 points 2 years ago
[–] PeWu@lemmy.ml 19 points 2 years ago (1 children)
[–] shinigamiookamiryuu@lemm.ee 1 points 2 years ago (3 children)

Dare I ask why? That's an inheritance nightmare.

[–] Bashnagdul@lemmy.world 4 points 2 years ago (1 children)

Why would it? Give away everything else you own, go into debt and die ... Seems easy enough

[–] shinigamiookamiryuu@lemm.ee 1 points 2 years ago (1 children)

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.

[–] Bashnagdul@lemmy.world 2 points 2 years ago

That's probably not the most common system.

load more comments (2 replies)
[–] Kalkaline@leminal.space 18 points 2 years ago (3 children)

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.world 7 points 2 years ago (2 children)

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

[–] Kalkaline@leminal.space 5 points 2 years ago (1 children)

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.world 3 points 2 years ago (1 children)

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 1 points 2 years 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.

load more comments (1 replies)
[–] chepox@sopuli.xyz 2 points 2 years 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 16 points 2 years 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.

[–] finthechat@kbin.social 15 points 2 years ago (2 children)

I'd go into debt to give anyone $100 every time they kicked Spez in the balls

I'll do it for $25 and some food. Deal?

load more comments (1 replies)
[–] bluGill@kbin.social 12 points 2 years 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)

[–] RGB3x3@lemmy.world 7 points 2 years 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.

[–] HubertManne@kbin.social 7 points 2 years ago

sorry. im never glad about it. more like what am I willing to go into debt for.

[–] atlasraven31@lemm.ee 7 points 2 years ago (2 children)

A 1way trip to another planet (with survival essentials and at least 20 other people).

[–] Nath@aussie.zone 7 points 2 years ago

Bold of you to assume Collections still won't try to come after you.

[–] GR4VY@lemmy.world 4 points 2 years ago (2 children)

Very interesting. Are we to assume this planet could support life?

[–] Tolookah@discuss.tchncs.de 5 points 2 years ago* (last edited 2 years 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 2 points 2 years ago (1 children)

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

[–] GR4VY@lemmy.world 2 points 2 years ago

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

[–] intensely_human@lemm.ee 6 points 2 years ago (1 children)

Get my hernia fixed. Unfortunately, the surgical theater requires me to pay up front.

[–] GR4VY@lemmy.world 4 points 2 years ago (1 children)

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

[–] RizzRustbolt@lemmy.world 2 points 2 years ago

God gives his worst hernias to his kindest polymaths.

[–] RizzRustbolt@lemmy.world 4 points 2 years ago

Getting my mom out of debt.

[–] rufus@discuss.tchncs.de 4 points 2 years ago

World dominance.

[–] shinigamiookamiryuu@lemm.ee 3 points 2 years ago (1 children)

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.

[–] GR4VY@lemmy.world 2 points 2 years ago
[–] donuts@kbin.social 2 points 2 years 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.)

[–] criitz@reddthat.com 1 points 2 years ago (1 children)
[–] TubeTalkerX@kbin.social 4 points 2 years ago

New from Olive Garden!

[–] Nemo@midwest.social 1 points 2 years ago

Buying land.

[–] JokeDeity@lemm.ee 1 points 2 years ago

Contentment.

[–] athos77@kbin.social 1 points 2 years ago
[–] Num10ck@lemmy.world 1 points 2 years ago

bridging receivables

load more comments
view more: next β€Ί