how many people are currently in debt

[JinCO]

Me too -- we have around $600K debt.

[ceejay74]

Originally Posted by LivingAlmostLarge

Not really, I have more than that posted earlier in just my mortgage cee jay.

Oh right. I kind of downplayed yours in my mind because no CC-type debt was listed.

[Ima saver]

I have no debt except my husband's new car payment. I could easily pay it off but then he would want a new car again!

[Johansen8]

two hours from now, I am going to go to the bank and declare myself debt free

I could only wish everyday is like 2 hrs from now

[gekkoplus]

50K under.. 20K car loan and 30K CC.. All of them are at 2% APR.

[segmond]

I am $100k+ in debt, and unemployed, it's horrible, but I will dig myself out of it in 5yrs.

[MYOM]

You will find no debt in our financial house. We have no interest in paying interest.

Dan Clemons

[Snodog]

We owe 40k on the house.

[ActYourWage]

We owe around 65K on house.

[whitestripe]

i owe about $3750 on my car (personal loan).

[mikandmari]

$118,000 mortgage
$ 13,000 other debt (personal loan & auto)
Total $131,000

When I get frustrated about it, I try to remember that when I set my mind getting out of debt in March 2007 the total was $168,000!

[pamelad]

I have about 12,000 debt on a 0% cc, looking for new offers to transfer in January when it expires, and a mortgage.

[med12]

The numbers are ugly but have improved drastically over the course of this year:

$250K - House
$116K - Student Loans
$20K - Truck
$19K - Car
$12K - Personal Loans
$5K - CC
$422K - Total

Yuck. It's ugly but like I said - it was probably about $20K higher at the beginning of the year so it's getting there.

[aida2003]

Well, it's funny, but we owe 2 cents on our house . So, until I see the bank cash out our check, we're 2 pennies in debts

[terickson82]

I live in an apartment, but other than my rent, I have no debt. Everything is paid off, including student loan, car, and credit cards.

Because I have no debt, it enables me to designate a large chunk of my paycheck to go into savings, which is currently built up to about three months of living expenses (shooting for six). I contribute 10% of my paycheck to my 401k (with a 6% company match dollar-for-dollar) and was putting $250 per month into a Roth IRA, but I have stopped funding it for the time being until my six-month savings is built up. At that time I am also considering putting the amount per month I was saving (or close to it) into good mutual funds.

Does anyone have any other suggestions on what I could be doing for the time being?

[donnyg16]

I have both college loans to pay for and also a couple credit cards to pay off

[Snowgirl]

Mortgage currently at 66 000$
Car loan 6600$, 0% interest, will be paid of in 11 months


However, I suspect the major renos we'll start in the spring will set us back around 15 000$, 5-7k of which will com from the HELOC (probably paid in 1 year). We could probably pay it off right away if we didn't do any vacations, but I firmly try to balance my life with enjoyment, savings, and a little debt (quite small for our income of 120 000$/year).

[Judi Dial]

Hmmm...

Let's see, mortgage about 90K, cc debt? 30K, so 120K all told, sigh.

Judi

[hasselfree]

just a morgage payment, not really a debt and expenses that goes with the house. No car payment and credit cards are paid in full each month.

[disneysteve]

Originally Posted by hasselfree

just a morgage payment, not really a debt

I'm curious why you don't consider your mortgage to be a debt. It is money that you've borrowed and need to repay over time. Isn't that the definition of a debt?