3 ms·

Debt is also a way of normalizing, essentially, wage theft. You're encouraged to use credit to bridge gaps when what you're paid doesn't cover your necessities,

Debt is also a way of normalizing, essentially, wage theft. You're encouraged to use credit to bridge gaps when what you're paid doesn't cover your necessities, let alone other expenses that you're expected to take on. When you can't pay back the debt you took out to live what is considered a normal or even frugal lifestyle, the justice system is used as a cudgel against you, often in the form of professional debt collectors and their attorneys suing you in small claims court (a venue which was established for laymen), where they abuse the lax rules to extricate full payment on a debt they bought for pennies on the dollar. Somewhat related, here is a video from a guy trying to avoid just this sort of scenario by refusing to put his company's business expenses on his personal credit; follow-ups show the price he's paying. https://www.youtube.com/watch?v=EFZIxJyKgE8 https://www.youtube.com/watch?v=EFZIxJyKgE8 If society expects you to consume, you should be paid enough to support it. A system that leverages greater and greater amounts of its future to pay for the present eventually reaches a point where it is statistically unlikely that the debt will ever be paid back. That's when all hell breaks loose.

drakenot 6mo ago
I have zero consumer debt and pay off any credit card at the end of the month. But I don’t mind work expenses on my personal card? I get reward benefits for a sizable chunk of expenses that I’m directly reimbursed for?
- 59percentmore 6mo ago
  n=1 That's a personal choice. You alone should be able to decide if that's worth the complications it introduces to your taxes and your relationship with your employer. However, the cleanest and most dignified route is to pay for expenses incurred in the course of business. And employees should have the right to refuse to put up their own money for such expenses, without consequence.

drakenot 6mo ago

I have zero consumer debt and pay off any credit card at the end of the month. But I don’t mind work expenses on my personal card? I get reward benefits for a sizable chunk of expenses that I’m directly reimbursed for?

59percentmore 6mo ago
n=1 That's a personal choice. You alone should be able to decide if that's worth the complications it introduces to your taxes and your relationship with your employer. However, the cleanest and most dignified route is to pay for expenses incurred in the course of business. And employees should have the right to refuse to put up their own money for such expenses, without consequence.