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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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12977911 No.12977911 [Reply] [Original]

Get. Out. Of. Debt.

>> No.12977933

I've never been in debt. What's it like?

>> No.12977948

>>12977933
You can just declare bankruptcy while you have your assets hidden in crypto

>> No.12977998

>>12977911
Im trying you old faggot. Let link hit 5 bucks.

>> No.12977999

>>12977933
it's honestly not that bad.

>9k in debt, making $500 monthly payments.

>> No.12978014

>>12977933

It's nothing bad if you actually used it on something to give you a return on investment...

I can't imagine living a life style of where monthly payments only matter to you and you need the latest model, that's top in class for anything you buy.

>> No.12978019

>>12977933
I'm technically in debt but in the UK, student debt is not traditional debt so I guess I'm not really in debt. I'm not forced to pay until I make £25000 a year and it goes away after 30 years. I'm just gonna move outta here or keep all my money crypto, just cash out for expenses.

>> No.12978049

He's a boomer who doesn't realize how close we are to the end of capitalism.

>> No.12978085

>>12977911
Dave Ramsey, the man who became a multi millionaire by giving really simple advice to the financially retarded who thinks he’s a genius, when in reality he’s just slightly above average

>> No.12978127

ok im out of debt, now what?

>> No.12978137

>>12978127
Emergency fund of 3-6 months of living expenses.

>> No.12978151

>>12978127
go back into debt and start the cycle over again