What is something you'd gladly go into debt for?
An example: for me, I'd happily go into debt to travel, or make sure my son has a good education.
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An example: for me, I'd happily go into debt to travel, or make sure my son has a good education.
Dare I ask why? That's an inheritance nightmare.
Why would it? Give away everything else you own, go into debt and die ... Seems easy enough
Except you'd be dying with unfinished debt. There is a reason (however misguided) that burial/cremation services post-humously extract money from the possession of the dead. Some cultures are so in debt that this is how debt slavery arises, the next of kin of the deceased must (legally-speaking in their nation, not morally) pay it off with their services. Not to mention debt is one of the (several) reasons why legal systems oppose self-destruction.
That's probably not the most common system.
I just don't want to be here, that's all.
As for inheritance, I'd need to have something to pass on, so this doesn't count.