Not enough debt

[barisbilgili]

Maybe there are some people who, by having debt, will be motivated to work harder so that they can pay off the loans they have and this requires them not to be lazy because they have debts that they have to pay, but there are also types of people who will not borrow if they don't really need it and this really depends on a person's personality.

When you choose to borrow money to make an investment, of course this will be very risky if the investment cannot run smoothly and it is important for you to be able to think about it before actually deciding to take out a loan to invest, because when the investment we carry out is not in accordance with our wishes. Of course, this will cause problems for ourselves.

Taking debt for investment is actually good because it allows us to get bigger profits, but this also has to be done with fairly mature calculations or calculations because there will be a lot of/big risks that we will face.
Some people have different personalities, but in my opinion it is not good to be in debt unless it is for things that can provide greater benefits.

[SmartCharpa]

Maybe there are some people who, by having debt, will be motivated to work harder so that they can pay off the loans they have and this requires them not to be lazy because they have debts that they have to pay, but there are also types of people who will not borrow if they don't really need it and this really depends on a person's personality.

When you choose to borrow money to make an investment, of course this will be very risky if the investment cannot run smoothly and it is important for you to be able to think about it before actually deciding to take out a loan to invest, because when the investment we carry out is not in accordance with our wishes. Of course, this will cause problems for ourselves.

I believe that being in debt motivates Op to work more so that he will recover the money he borrowed. Working hard is necessary in our lives, whether we have debt or not, how can someone be lazy if they do not have debt? I've never seen such a person before, no one is happy that he or she is in debt unless they need the money for something important and have no other options. Getting a loan to start a business is not a bad idea, but it depends on the conditions of repayment, many people can give a loan, but repayment data is very small. How could a person who invests in a business expect to see a profit in two to three weeks? That is very dangerous because we cannot guarantee that we will make a good profit before the deadline. I hope we don't find ourselves in a situation where we have to borrow money to solve our problems.

[shinratensei_]

Taking debt for investment is actually good because it allows us to get bigger profits, but this also has to be done with fairly mature calculations or calculations because there will be a lot of/big risks that we will face.
Some people have different personalities, but in my opinion it is not good to be in debt unless it is for things that can provide greater benefits.

I don't think it's that good unless you're trying to take the investment with higher risk which could also pose threat to make you homeless in short time.
as far as I know, these debts have higher interest than the less risky investment out there, so investing in low risky investment is not really a choice.
most people that make it big from the debt always do the risky game.

like borrowing hundred thousand of dollars to short or to long crypto for example, but if things goes wrong and all the money vanished, then we really putting ourselves in hard predicament right here. a matured calculation at the end of the day if there's still risk accompanied, only a speculation.

[bestcoins1]

Taking debt for investment is actually good because it allows us to get bigger profits, but this also has to be done with fairly mature calculations or calculations because there will be a lot of/big risks that we will face.
Some people have different personalities, but in my opinion it is not good to be in debt unless it is for things that can provide greater benefits.

Investing with debt capital will actually be much riskier for people who do it because apart from having to understand the risks of investing, they also have to understand about paying their debts at the right time so as not to cause more problems in their lives. I prefer not to invest if the money comes from debt, because the money generated through debt will only be more suitable to be placed in a business that is actually running every day and always makes more money every week and month. So it will be easier for us to repay the debt on time without any burden.

[ndutndut]

Taking debt for investment is actually good because it allows us to get bigger profits, but this also has to be done with fairly mature calculations or calculations because there will be a lot of/big risks that we will face.
Some people have different personalities, but in my opinion it is not good to be in debt unless it is for things that can provide greater benefits.

However, I don't agree with what you said because going into debt to invest is very risky even if you understand calculations, but in the world of investment, nothing guarantees the correctness of predictions. Meanwhile, we have to pay our debts on time, so if our investment does not go according to plan it will cause you to fail to pay your debts.

So it is very unwise if we go into debt just to invest, unless we go into debt to do business, but of course with the correct calculations. Because business and investment are different activities, investment has big profits but also has big risks, different from business.

Regarding the OP's statement, I also don't agree, by being in debt we are not lazy. This is just a matter of mindset, the fact is that life cannot be enjoyed if there is too much debt, especially if the debt is not for something productive but consumptive.

[Peanutswar]

~
More debt will make everybody working harder no debt makes society more lazy.

It depends on the persons capability there are two kind of debts the good and the bad for the bad debts people seeking an liabilities and just use those money for their luxuries things and does return a good profit at all just a casual spending of money for different reason because they are capable to pay off, just to flex to their friends and social media and personal use, in the other hand people doing a good debt which they are creating an additional assets that gives them more money and those created assets are the one who pay for their debt for the long run once they pay off the profit now comes.

[slapper]

Taking debt for investment is actually good because it allows us to get bigger profits, but this also has to be done with fairly mature calculations or calculations because there will be a lot of/big risks that we will face.
Some people have different personalities, but in my opinion it is not good to be in debt unless it is for things that can provide greater benefits.

However, I don't agree with what you said because going into debt to invest is very risky even if you understand calculations, but in the world of investment, nothing guarantees the correctness of predictions. Meanwhile, we have to pay our debts on time, so if our investment does not go according to plan it will cause you to fail to pay your debts.

So it is very unwise if we go into debt just to invest, unless we go into debt to do business, but of course with the correct calculations. Because business and investment are different activities, investment has big profits but also has big risks, different from business.

Regarding the OP's statement, I also don't agree, by being in debt we are not lazy. This is just a matter of mindset, the fact is that life cannot be enjoyed if there is too much debt, especially if the debt is not for something productive but consumptive.

Dude, you seem to be terrified of debt for investing. Even launching a firm, every economic action is a chance though. Let's get clever about debt rather than panicking over it. One can use debt as a tool rather than only a trap. Good debt is It's energy for your life. It can make you tougher, wiser, and richer. Bad debt? Like junk food, it tastes great now but can cause problems down road

Then quit complaining yourself for debt. Everybody is striving to survive; the economy is a jungle. Debt is simply a component of it. But remember, be smart about it. Don't let it control you. Control it

[radjie]

More debt will make everybody working harder no debt makes society more lazy.

Debt can be a burden on a person's life even though he has worked hard but cannot meet his needs. This is because the income earned is not balanced with his expenses.  Everyone certainly hopes to be free from debt so they can have a better life.  I don't agree if debt is an incentive for someone to work hard. This will have a negative impact in the future, the same thing will continue to be done

[erep]

More debt will make everybody working harder no debt makes society more lazy.

Debt can be a burden on a person's life even though he has worked hard but cannot meet his needs. This is because the income earned is not balanced with his expenses.  Everyone certainly hopes to be free from debt so they can have a better life.  I don't agree if debt is an incentive for someone to work hard. This will have a negative impact in the future, the same thing will continue to be done

Everyone doesn't expect to have debt even though the economic situation is going down, there are many negative factors related to debt because they have to have a fixed monthly income and they have to pay high loan interest, so I also agree that debt is not a motivation to work hard because without debt we are too try hard to earn enough monthly income. Anyone hopes to achieve financial freedom without being tied to debt, so we must take advantage of all work opportunities to increase our income.

However, there are some people who have succeeded in building a business with borrowed capital, but believe me, only some people can be successful with this plan because the loan carries the risk of losing the collateral if they cannot pay off the loan.

[Antotena]

World is not enough in debt.
In order to economy Grow the debt is needed more debt we still have people whos debt free If more people get in debt then more economical activity so those in debt will work with 2 jobs not with just one Job.
We moving towards that more and more people will have debt burden on them car leases insurances mortgages and much more things.
UK payd off debt just few years ago and now they struggle.
More debt will make everybody working harder no debt makes society more lazy.

Let me ask you. You are as a person that is wrote this, did you not function properly as you are not on any debt? Literally, no nation can be debt free because you don't have everything you need and a compromised solution of debt has to be reach to get access to some of those resources you don't have and if you don't, you will be playing with hyper inflation, this is  the reason why you UK are now in another debt and imn not sure if they are indeed debt free in the first place.

I'm addition, I want you to know that we have majority of people that you see that you think are wealthy people don't own some of the assets they claimed. If check and balance is been done to their wealth, trust me 1/3 of their wealth will end up as debt because is either some are been used as collateral for loans, some are been owned by joint business with one CEO and many more, the richer a person is, the complex it's for the person and so it's for even the economy.

[Distinctin]

I think you are hitting the wrong concept here. Having debts will never make a person highly motivated to work and prosper, but it will only lessen the enthusiasm to work, because everything that he will get from his salary will only go in paying his debts. Seeing that, that's never productive at all. You don't work to live and enjoy the fruits of your labor, but you end up paying them all to get your debts fully paid.

Yes, the world needs debts at some point, but never to the extent of making it a source of motivation so that people won't resort into being lazy and unproductive. It should not be like that, but setting a positive goal should always be the main reason why people should work so hard so they can enjoy their bright future ahead of them.

[Zoomic]

More debt will make everybody working harder no debt makes society more lazy.

Debt can be a burden on a person's life even though he has worked hard but cannot meet his needs. This is because the income earned is not balanced with his expenses.  Everyone certainly hopes to be free from debt so they can have a better life.  I don't agree if debt is an incentive for someone to work hard. This will have a negative impact in the future, the same thing will continue to be done

Everyone doesn't expect to have debt even though the economic situation is going down, there are many negative factors related to debt because they have to have a fixed monthly income and they have to pay high loan interest, so I also agree that debt is not a motivation to work hard because without debt we are too try hard to earn enough monthly income. Anyone hopes to achieve financial freedom without being tied to debt, so we must take advantage of all work opportunities to increase our income.

However, there are some people who have succeeded in building a business with borrowed capital, but believe me, only some people can be successful with this plan because the loan carries the risk of losing the collateral if they cannot pay off the loan.

You are right. Debts should only arise due to some economic factors beyond our control and should not be seen as a motivating factor to work hard, working so hard just to clear up debts is not in anyway a progress made. People can actually do well without neccessarily going into debts, although it requires some high level of discipline and self control to be able to live within one's means, stick to budgets, save and endure too just to avoid getting into debts.

Debts no doubt can be very useful, but deliberately abusing the privilege can also be very disastrous. People just need to try as much as possible to within their means, invest in viable projects and only seek for borrowed funds when neccessary.