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SQUEEKY2's avatar

What would you happily go in debt for ?

Asked by SQUEEKY2 (20609points) January 13th, 2018

And what would you not go in debt for ?
Mrs Squeeky and I would only go in debt for a house, or property nothing else.

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15 Answers

johnpowell's avatar

To clarify… Is this debt we plan on paying back?

RedDeerGuy1's avatar

To start a business.

canidmajor's avatar

If by “happily” you mean willingly and without reservation, then medical care for a loved one.

SQUEEKY2's avatar

@johnpowell yeah ya got to pay it back.
@RedDeerGuy1 OK,thanks
@canidmajor Nice.

janbb's avatar

My answer is the same as @canidmajor ‘s. I wouldn’t say happily but of course I would do it.

johnpowell's avatar

Pretty much house. Or anything they can take back.

I put a bunch of dental work on a credit card and then stopped opening letters from the credit card company. It has been a decade so my credit is good now.

Aethelwine's avatar

A move out of Trumpland, BFE, Illinois for our child.

LuckyGuy's avatar

I’d go with house or something that retained value so it could be resold – hopefully at a profit.

I thought about @canidmajor ‘s noble answer and realized i wouldn’t even do that for myself. I would not put my family in debt to save others or myself. .

canidmajor's avatar

There’s the difference between us, @LuckyGuy, at this point I’d only be putting myself into debt.

LuckyGuy's avatar

@canidmajor Remember the adage “In case of emergency attend to your own oxygen mask before assisting others.”
PMing you now.

AshlynM's avatar

My dream house.

johnpowell's avatar

@LuckyGuy :: you do realize that tons of debt doesn’t land you in the gulag. It might make it hard to finance a new car but the liver transplant is more important.

LuckyGuy's avatar

@AshlynM “tons of debt doesn’t land you in the gulag”. So true. If it weren’t we’d have a different Tweeter in chief.
Trump declared (business) bankruptcy at least 4 times with debt in the billions, screwing lenders, pension funds, contractors, painters, builders out of $4 – $8 billion – maybe much more.

stanleybmanly's avatar

peace and contentment.

Rarebear's avatar

House, business, education

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