Audio Debt?


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

Just curious.
128x128onhwy61
gregadd, im sure you were joking but your description of a true audiophile soounds like people who are addicted to things like gambling & drugs.

anybody who blows the rent money on anything other than rent is a person who's priorities are out of whack.

i have no audio debt,never have & never will.
Couldn't agree with Gregadd more. I have not gone into debt but I have certainly taken some loses selling the odd component in order to upgrade to the next piece I can't seem to live without!
This is a tangential response--I don't go into debt, but have also learned to "buy well once" vs. riding the upgrade carousel. So, I've tended to buy above my target price point but have found much long-term satisfaction. So many a'gon ads feature gear for sale that is weeks or months old--I'd never be able to pull that off. My 'youngest' piece of gear is 2 yrs old (digital front end), but the next newest piece is 8 years old.
A friend of mine put $90K on low interest CC's to fund his system... Me?? I might use the cads, but pay them off at the end of the month, or shortly after... Stereo is a luxury, not a necessity.
I'm glad to see most people have kept this hobby in proper perspective. Good sound doesn't have to be very expensive and there is no reason to take on debt to enjoy great sounding music. Although if somebody took out a loan to purchase a subscription to a concert series or a vacation to a musical festival, that I could kinda' respect.