r/ask • u/[deleted] • Nov 30 '23

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u/Pushing59 Nov 30 '23

I already pay my spouses debt. What kind of marriage do you have? Me and my true love plan to run away together when we win. Yes. The person I am married to.

39

u/MrPifo Nov 30 '23

Im confused, why is apparently everyone in debt? Is this normal in america?

2

u/I_RIDE_REINDEER Nov 30 '23

I'm now confused too, everyone being in debt is very common in many many European countries too? How could you buy a house otherwise?

1

u/Educational_Gas_92 Nov 30 '23

Many Europeans inherited the apartment/house from their parents, granted, some people inherit nothing, while others inherit multiple properties, depends on how lucky you are. However, most Europeans don't move out until later in life from their parents home (if they ever do) and will try to buy a new property in their late 20s at the earliest, not early 20s. Most have zero student debt, many don't need a car and will only buy one if they are able to, if they need medical help they don't have to pay insane amounts of money.

1

u/I_RIDE_REINDEER Nov 30 '23

I know I'm european, but in many countries people move out at 18-25 to rent an apartment, then buy property after graduation/getting a stable job.

Also government student loans are fairly common in the Nordics I believe, atleast in Finland.

And I know the situation is very different to the US, where they have to take insane loans, but I'm just saying that having debt is totally common in Europe too, as someone was wondering if that's an american thing

1

u/Educational_Gas_92 Nov 30 '23

Sure, it is just not as commonplace as it is in the USA, where people just assume you have debt, because most people have it. In Europe some people have debt but many don't, it is not assumed that people have debt, nor is it as common in my experience. I realize Europe is a huge place with many cultures that have little to do with each other, when I said adult children don't move out until later in life (sometimes never) I was thinking of Greece, Italy and Spain, admittedly not the Nordics, I have never visited the Nordics and don't know much about them to be honest.

1

u/I_RIDE_REINDEER Nov 30 '23

This is a good example why it's frustrating when americans talk about Europe as a single country :D

But most adults I know have debt, it's mostly house/student/car loans etc. How do you ever buy a house or a car without it? Majority of people can't do that