Question

In general, increased security seems to come at the expense of personal freedom. In your opinion, is this a reasonable trade-off?

Answer 1

In my opinion, it is indeed a reasonable trade-off. Security is basically aimed at reducing the uncertainty in life in future, thereby giving us the room to relax. Take for example, we apply for a personal loan with a mortgage of our car. We could have mortgaged for anything lesser than that but an increased security gives us an assurance that even at the time of the default, if any, we shall have the car available to the Bank to set off our dues against it. On the other side, with the fear of losing our car, we shall keep striving for earning the income that could help meet the personal loan dues to the Bank. So overall, in spite of the curb in the personal freedom of relaxing more than working hard, we are at least rest assured that our future is not a stake and that we avail the best of both, the personal loans and paying off the same on time and also not surrendering our car. A few days of shoe-string budget and industriousness, shall help save on a lot for future. Hence a reasonable trade-off.