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What is something you'd gladly go into debt for? (lemmy.world)

submitted 11 months ago by GR4VY@lemmy.world to c/asklemmy@lemmy.ml

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

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[–] Bashnagdul@lemmy.world 4 points 11 months 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 11 months 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 11 months ago

That's probably not the most common system.