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

submitted 11 months ago by [email protected] to c/[email protected]

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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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[–] [email protected] 18 points 11 months ago (7 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.

[–] [email protected] 2 points 11 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.

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