• Wispy2891@lemmy.world
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      3 days ago

      I do not understand that, in my country abortions are free

      (ok, not actually free. You need to pay 15 euro for the blood test, a 30 euro tax, 2 euro for the hospital parking fee and around 10 euro to buy the painkiller or antibiotics after the operation)

      • Thebular@lemmy.world
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        3 days ago

        Dude, I wish I lived in a civilized country. My cancer treatment would have cost somewhere in the range of $5 million without insurance. Healthcare is a human right

        • TrueStoryBob@lemmy.world
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          3 days ago

          Dude, I just got the post-exposure rabies vaccine. Was four trips to the ER at $125 USD co-pay a pop… however, without insurance, I learned it can be as much as like $15k if you don’t qualify for assistance and/or Medicaid.

          We really need to take to the streets.

    • toomanypancakes@piefed.worldOP
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      5 days ago

      Out of curiosity, how low would that dollar amount have to be for you to opt to spend it on something else? Would it still go to debt if it was only 1,000 or something?

      • danc4498@lemmy.world
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        5 days ago

        It’s probably highly specific to how much money somebody makes. If my monthly paycheck is $2000, and you give me $1000, I would use that to get ahead by a half a month. If I make $10k a month and you give me $1000, getting ahead by a tenth of a month won’t do much. So hookers and blow all day.

      • Rhynoplaz@lemmy.world
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        5 days ago

        I guess if it was a few hundred, I would just put it in the bank with the rest of my money where it would go towards food, bills, and any other day to day expenses. Probably anything over $1000 would go directly towards debt.

        EDIT: I forgot about the by the end of the day rule. I can’t just save it for later. We’d do a Sam’s club run and put the rest towards a bill.

      • Caveman@lemmy.world
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        3 days ago

        I think 1000 or 2000 for me. I know it’s optimal to put it on my mortgage but that’s an amount I would use the excuse of “having to spend it” to spend it on myself. 20k in cleared debt is like 1.4k yearly expense reduced which really moves the needle. If you pay off 1k a month you’re effectively increasing the payoff rate by 12%.

    • JohnnyFlapHoleSeed@lemmy.world
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      5 days ago

      It would either go to the principal my mortgage or to Procter and gamble stock

      Edit, actually right now I’d buy the rocket lab dip with half, then the other half to mortgage principal

  • Echo Dot@feddit.uk
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    3 days ago

    How is this even a question. If you have a mortgage you pay off your mortgage, or at least as much as they let you, anything else would go on a new car.

    I would like to get my house renovated but that’s going to take more than a day.

    • wellheh@lemmy.sdf.org
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      3 days ago

      Imo this question is pointed at young adults or teenagers because older adults are just going to trade liquidity for some other form or pay off some huge loan/bill.

      • Echo Dot@feddit.uk
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        2 days ago

        I also feel like the question really underestimates the difficulty of completing large transactions in a single day.

        Even buying a car often takes two or three days because there’s always some reason you can’t just drive away with the vehicle. You always agree to buy the car, and signed a bunch of paperwork to that affect, and then you have to come back a few days later to actually get it, whether they do some sort of grand reveal with a cloth, as if you hadn’t already seen it, and didn’t already know what it was.

        Actually completing the transaction within 24 hours, especially if you weren’t previously aware that you would be doing this, would be quite difficult.

    • Katana314@lemmy.world
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      4 days ago

      A quintessentially American scene I want to see is, a guy wins a flamboyantly decorated game show to the applause of hundreds of thousands of people. The host leans in to ask him what he’s going to spend the money on. He replies all he can do with it is pay off half of his grandmother’s medical debt, and then go to his night shift to work on paying for the other half.

      • EldritchFemininity@lemmy.blahaj.zone
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        4 days ago

        Many years ago, I worked at a fish market and one of the guys who sold us fish during the summer won a big fishing tournament one year where he got a brand new truck and a bunch of money. When they asked him what he was going to do with the money, he said, “Keep fishing until it’s all gone.”

    • grue@lemmy.world
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      5 days ago

      Better answer than “debt” unless that debt is at a high interest rate.

      • cymbal_king@lemmy.world
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        5 days ago

        Don’t discount paying off a modest 6-7% car or student loan. That’s a guaranteed and tax free return on investment. Historically the stock market returns about a 7% annual ROI. Not having a payment every month can make a big difference for liquidity and peace of mind

        • grue@lemmy.world
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          5 days ago

          I would count that as “high,” especially when, as you suggest, you consider risk-adjusted rates.

          Basically, just don’t prematurely pay off your mortgage if you have one of those 3% ones from a decade ago.