this post was submitted on 02 Sep 2026
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Shitposting

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Welcome to !shitposting@lemmy.today - a place for memes, shitposts, absurdity, cursed images, low-effort masterpieces, and whatever other internet garbage makes you laugh.

Post dumb shit. Upvote dumb shit. Don't take dumb shit too seriously.

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[โ€“] Cethin@lemmy.zip 2 points 1 month ago* (last edited 1 month ago) (1 children)

I don't totally agree with this. It should be true for personal expenses. If you're going into debt to go on vacation, or buy a new toy, or something then that's a bad idea.

However, if it's an investment, debt isn't bad. Your goal should be to go into debt to fund growth, to then make more back. If it's done in this way, and intelligently, with good knowledge, it is useful. It's still a risk though.

[โ€“] Ravenheart@lemmy.zip 2 points 1 month ago

I agree. It's more of a principle than a rule.