Social Question

SQUEEKY2's avatar

What would you happily go in debt for ?

Asked by SQUEEKY2 (15390points) 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.

Observing members: 0 Composing members: 0

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

Answer this question

Login

or

Join

to answer.
Your answer will be saved while you login or join.

Have a question? Ask Fluther!

What do you know more about?
or
Knowledge Networking @ Fluther