View Single Post
Old 04-23-2017, 02:13 PM  
crockett
in a van by the river
 
crockett's Avatar
 
Industry Role:
Join Date: May 2003
Posts: 76,818
Quote:
Originally Posted by Bladewire View Post
Indentured servitude to the government is real: federal student loans & tax debt

Servitude to banks & credit card lenders is worse but at least you can bankrupt it

"Indentured servants were men and women who signed a contract (also known as an indenture or a covenant) by which they agreed to work for a certain number of years in exchange for transportation to Virginia and, once they arrived, food, clothing, and shelter."

Are you working to provide yourself food, shelter & clothing?
Working to provide food, shelter & clothing is not really being owned by anyone. You are simply providing for your basic needs, basic needs required for your existence. If you require debt to cover those basic needs, like a home mortgage then you are under ownership or servitude as you put it.

I require no debt for my existence and I carry no debts, but it doesn't mean I don't have things or don't work or don't use credit cards for example(I just hold no balance). I can live fine from the profits of my business for example, but I do also sometimes take short term jobs. I think it's good to do actual work from time to time because it lets you learn new things, meet people and remember how much the daily grind sucks after about 3 months..
crockett is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote