Each of us personally with the amount of money we each currently have? Or, do you mean what type of thing are we willing to go into debt for?
For years the only debt I had was one leased car, but I had enough to pay it off at once if I had wanted to. We chose that debt because my husband likes to change cars every few years, and the cars we own we don’t change a lot.
I could have bought my current house outright, but we chose not to, because we are assuming we might rent it one day, and because if we get around to building a new house, it will be very difficult to get a mortgage on construction, so we took a mortgage on this house.
If I had a sudden, huge, expense I didn’t expect, like healthcare bills, that would be a debt that maybe I wouldn’t pay right away.
If we had no earnings, no job, for five years, I might wind up buying some things with debt. I’m not sure exactly what my situation would be, and what I would need to do.
If, God forbid, a huge life event happened, like my husband died, that would affect my finances too. I would most likely prefer to stay out of debt, but I don’t think I’ve thought of everything that would happen.