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Ask HN: Would you sell your future earnings for cash today?

4 points| pmikal | 16 years ago | reply

Was just reading about these guys who are looking to sell their future earnings for cash today.

http://www.thrustfund.com/

I think this was mentioned before, but would you do it?

4 comments

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[+] bgnm2000|16 years ago|reply
Its interesting, but no - I wouldn't do it. I'd rather try to accomplish my goals without taking any money - especially feeling like I'm literally selling part of myself.
[+] pmikal|16 years ago|reply
So if I offered you 1 million for 3% of your future earnings, you wouldn't at all be tempted? What if the 1 million is tax free, cash in your account today?
[+] ig1|16 years ago|reply
There's nothing to stop someone bankrupting themselves to get out of the debt.

And if there was it would likely fall foul of anti-slavery laws and international treaties on the same.