• Echo Dot@feddit.uk
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    1 day 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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      13 hours 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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        16 minutes 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.