Post # 1
While listening to the radio yesterday morning, they asked, “would you gain 25 pounds to have your debt wiped away?” My immediate thought was “hell yeah!”. Well apparently 72% of Americans disagree with me.
In a recent survey, 72% of Americans said they would rather keep their debt than gain 25 pounds. According to this article, it was a simple question and gave to details about stipulations such as not being allowed to lose the weight after the debt was paid off. Which makes me think that people are even more crazy than I thought. Lol. Again, 72% of Americans would rather have credit card debt, mortgages, car loans, student loans, etc than to gain 25 pounds.
I realize that 25 pounds is a good amount of weight (I myself am about 25 lbs overweight and it sucks) but I’d rather have no debt and be able to retire waaay earlier. I mean, I can just work my ass off with a personal trainer to lose those pounds, especially with all the money I’m saving!
So what does everyone else think?
For reference: http://www.bizjournals.com/atlanta/news/2013/07/31/survey-americans-prefer-higher-debt.html
Post # 3
@IzzyBear: No way would I gain 25 lbs to erase my debt! Nothing is more important to me than my health, and we don’t have much debt anyway.
Post # 4
I’m already pretty overweight so I know how hard it is to lose. But we have over 100k in student loan debt. Hellllll yes I’d take the 25 lbs. As long as I could work to lose it? No prob. I could even afford a personal trainer with all the money I was saving on student loan payments! haha
Post # 5
I don’t have any debt…although I guess now that I’m married I take on my husband’s student loans? Either way, he doesn’t owe much and I am confident it will easily be paid off over not too much time, and knowing my body, it will take longer to lose 25lbs than it would to lose the debt. And the 25lbs would make me unhappier than the debt does (the debt is negligible in my mind. I don’t view student loans or house mortgages as a negative thing. If I had any consumer debt ever even for a second I’d flip out)
Post # 6
If I could gain the 25 lbs and then work it off again I would do it. I have lost about 20 lbs this year, and while it wasn’t really easy, I know I could do it again. If I wasn’t allowed to lose the weight after, I would say no and keep my debt (which I’m working hard to pay off anyways).
Post # 7
If I was at my ideal weight yes. But where I am now, hell no.
But then again my stress from debt isn’t doing me any favors. As long I can work it back off, I’ll change that to yes. But with less debt I’d be so happy anyway so I would defintely hit the gym harder than I do now.
Post # 8
Where do I sign up? lol I just recently lost 30 lbs and it took me about 4 months to do so…would I gain it all back to erase my student loans, my impending mortgage? um yeah…in a New York minute!
Post # 9
Nope no way.
MAybe because I dont have crazy debt. We have a new house, a small car loan and some, not so crazy, student loans. All of them we somehow timed to have incredibly low interest rates.
My health, sanity, confidence etc is not for sale for the amount of debt I have.
Of course I am thinking of this as a “You gain and keep 25 lbs”. If it were a “you gain 25, but then you can work to lose it” then I would have a different answer.
Post # 10
@IzzyBear: If I could gain it and lose it to erase all my debt, then yes, definitely. If I had to keep it on, probably not because of the health implications.
Post # 11
@IzzyBear: I have no debt and if I were to gain 25 pounds I would be really overweight. I already gained 30 pounds since last year
Post # 13
I don’t have any debt, so no way would I voluntarily gain 25 pounds. I already gained 20 pounds last year that I’m working on losing (thanks a lot stress eating).
Post # 14
@IzzyBear: NO! Because- gaining weight increases the risk of lots of health problems and medical problems is the number one reason for personal bankruptcy.
Post # 16
I totally would!! I’m sorry, but 25 pounds can eventually be lost again, but having your debt wiped away, thats priceless. =]