Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Why would you need an oxygen machine, when it's readily available in the air you breathe?
Food and water is all you NEED, anything else is extraneous.
Then, it is your view that people do not NEED housing, transportation, clothing, protection from the weather, social relationships, access to or processing of food --- these are all just desires, and people can get along fine without them and still function as typical humans. Didn't you learn in school that even bread mold needs more than food and water, it also needs heat and darkness, because each of the billions of species on the planet are different because each one has evolved a different set of NEEDS and not just food and water. Oxygen is not readily available in the air we breathe, unless there are also plants, so guess what --- we also need plants, which are our oxygen machines that you said we don't need..
You have (long, long ago, as I recall) aligned yourself with the phalanx of obstructive posters in CD who insist on replying to all reasonable discussion threads, by saying that everything is absolutely Black (want) or White (need), and there are no shades of gray in the civilization of the human species, and that black or white is defined by your own personal lifestyle prejudices.
Getting back to the good debt issue. I have friends that have purchased businesses that were making money. Lets say that you buy a business with $100,000 down and a debt load of $400,000. The company has a positive cash flow of $120,000 that you can use to pay down the debt. Would you buy the company and take on the debt or walk because you just don't want debt?
I see this as good debt that helps you accomplish your financial goals in the long run. Besides that the company is paying off the debt. Risk is a part of the equation. That is just a part of life.
Saying that I still see this as seperate from a home and personal debt. I don't see buying consumer goods that don't make me any money as being a good move. I do see buying a business on time as a good move when I have done my due dilligence and made sure that I can make a go of the enterprise.
Funerals are for the living. The families of the person who died. The reason to go is to show them support and let them know you do care about their grief and that their loved one mattered to you.
We have a credit card that pays us cash back. We pay it off every month. Once a year we get cash back. So, it's like getting free stuff or paying less for all the purchases.
Getting back to the good debt issue. I have friends that have purchased businesses that were making money. Lets say that you buy a business with $100,000 down and a debt load of $400,000. The company has a positive cash flow of $120,000 that you can use to pay down the debt. Would you buy the company and take on the debt or walk because you just don't want debt?
.
It would depend on whether you have a talent for running a successful business or not, and whether you want your employment to be running a business.
Some people want to be businessmen and would be good at it, and some people wouldn't. The decision has nothing to do with whether you "want" debt or not, but whether you are capable or desirous of using the asset productively enough to pay the debt.
The OP has nothing to do with that. It is about personal debt, and whether you can arrange your personal life in such a way that you are living day to day without debt, while earning your living through wages, as opposed to risk-connected capital gains.
You are making a false statement about what i said.
When I'm not posting from my phone in the dr's waiting room I will break it down...
Quote:
Originally Posted by jtur88
I will attack, without any reservations, any poster that declares that anyone is "delusional" for merely living a lifestyle in which his needs and conveniences are not in accordance with those of the individual and personal prejudices of the poster in question.
I have no problem with anyone who says "I prefer not to have a credit card". But I do not accept your bare-faced declaration that anyone who has one is "delusional".
So there is my personal attack. Take it or leave it. I made no other representations about you, except to accuse you of making a blanket psychiatric diagnosis of the entire body of civilization that holds a different opinion from yours on single, isolated characteristic of lifestlye choices.
By the way, have you ever looked at the comparative advantages and disadvantages of credit card vs. debit card? Aside from yourself, it is very hard to find a knowledgeable financial adviser who will say that debit is better than credit for a prudent, thrifty consumer. Such a view is not at all delusional.
delusion
n.
A false belief strongly held in spite of invalidating evidence, especially as a symptom of mental illness.
Again... Not what I said...
This is why I quote what people say... And IMHO why you do NOT!
Quote:
Originally Posted by jtur88
My quibble is not about the utility of the credit card, whether needed or desired. It is about the words of the poster who said a person suffers from a psychatric disorder if he believes he needs a credit card, regardless of how the user defines "need".
It is not unreasonable for a rational person to use the term "need" for the attributes that have a significant positive impact on his quality of life. It is not "delusional" to say "I need 8 hours sleep", or "I need to replace that light bulb", or "I need to do the laundry tomorrow", merely because Manwithnoname prefers to arrange his life differently.\
It is not a clinical psychosis to say "I need a credit card, because it gives me cash back, there is no annual fee or other charges, I have the discipline to pay it off every month, it covers the insurance waiver when I rent a car, it gives me added warranty on goods I buy, it enables me to protest a purchase dispute, it limits my liability in the event of unauthorized use, it provides me with a convenient accounting of all my purchases, and it improves my credit score." But it may be a clinical psychosis if you are prone to reply "Well, then, you're delusional".
Usually I'm content to see threads meander, especially when the discussion leads to productive, if unexpected, discussion. But this thread has clearly devolved into a futile personal pi$$ing match. I think we owe it to the OP to get back on topic, or at least somewhat closer to it.
Then, it is your view that people do not NEED housing, transportation, clothing, protection from the weather, social relationships, access to or processing of food --- these are all just desires, and people can get along fine without them and still function as typical humans. Didn't you learn in school that even bread mold needs more than food and water, it also needs heat and darkness, because each of the billions of species on the planet are different because each one has evolved a different set of NEEDS and not just food and water. Oxygen is not readily available in the air we breathe, unless there are also plants, so guess what --- we also need plants, which are our oxygen machines that you said we don't need..
You have (long, long ago, as I recall) aligned yourself with the phalanx of obstructive posters in CD who insist on replying to all reasonable discussion threads, by saying that everything is absolutely Black (want) or White (need), and there are no shades of gray in the civilization of the human species, and that black or white is defined by your own personal lifestyle prejudices.
I'm a TJ, of course I see everything as black and white. I don't understand how anyone can see shades of gray.
You even admit that certain things are merely desires, but these desires are so great that you classify your "wanting" of them as a "need".
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
