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Your absolutely correct that we all have different perceptions of "extravagance" I think a vacation to hawaii from portland for a family of four while still in
by thinkdevcode 15y ago
Your absolutely correct that we all have different perceptions of "extravagance"
I think a vacation to hawaii from portland for a family of four while still in debt is clearly extravagant, and unaffordable. But's thats just my opinion, and I dont expect you, or anyone else, to share it.
Debt shouldn't be seen as ok to have but I think that is sadly how most Americans view it now.
- ctdonath 15y agoDepends on whether the Portland in question is in Maine or Oregon, and whether the trip was an extravagant package or little more than a cheap-deal flight and minimal accommodations. At a glance http://www.cheapflights.com/flights-to-hawaii/portland-OR/ http://www.cheapflights.com/flights-to-hawaii/portland-OR/ shows a flight package of $1548 for 4. Camping, hostels, or - here's a thought - Craigslist might open some cheap options.
- icebraining 15y agoAccording to anthropologists, debt appeared before money. So it's hardly a new development that debt is seen as OK.
- capsule_toy 15y agoThe problem isn't debt but debts that aren't paid back. Debt itself serves a useful purpose. As long as he's able to service his debts under the terms agreed upon, the rest of his money is his to use as he pleases. I don't think we know enough about his finances, like the cost of the trip, to be able to say that the trip was clearly unaffordable.
- whatusername 15y agoMortgage? Student Loan Debt? (OK -- I know you American's have crazy prices for University and thus crazy loans) Do these pass your muster? A lot of people still view these forms of debt as acceptable.