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I’d rather be broke with no debt than have money and be in debt, idk if I’m crazy for that
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Anonymous 15w

I mean it depends on the debt

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Anonymous replying to -> #1 15w

100%. If it’s for a startup/business, I’m willing to go for it but not for consumer debt

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Anonymous 15w

No, there is productive debt and non productive debt

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Anonymous replying to -> OP 15w

Yep

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Anonymous replying to -> #1 15w

i’ve never heard of productive debt. is that like starting up a business debt or something else? just curious and willing to learn

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Anonymous replying to -> #2 15w

This puts it simply I can explain more if you’d like

post
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Anonymous replying to -> #1 15w

Possibly worth posting this graphic as its own post. It's a great simple way to break this idea down without saying words like "assets vs liabilities"

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Anonymous replying to -> _fred_ 15w

Yea good idea I’ll post it

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