Audio Debt?


Are people going into medium or even long term debt to purchase their audio equipment?

Just curious.
128x128onhwy61
It's an investment. Not necessarily for resale. But an investment in enjoyment. I love music. I truly enjoy hearing it played back accurately. It's cost prohibitive paying talented musicians to perform for me at my home any time of day I desire. How long does anyone think they are going to live... . One sometimes needs to stand back and simply enjoy those roses that truly bring one joy.

Something is an investment when it pays out. The value of the pay out is in the head of the payee.
Even if I use a credit card, I don't purchase anything I can't back with cash. Sometimes it is more convenient budget wise to spread the payments out over three months. I have friends that will finance new gear for three years but I refuse to go down that road. Buying gear here on Audiogon allows me to buy brands I would otherwise disregard due to the price for new.
i think the issue is about debt in general, rather than the reason for debt.

responsible sensible debt, living within your menas makes sense.

if you have champagne tastes with a beer budget, there will be a problem.

audio debt is no different than going into debt to buy a car. if you can't afford to buy a particular car it is the same as over spending on audio gear.