How much in debt are you?

**Bluezy** · 12-17-2005, 11:10 PM

Re: How much in debt are you?

I have debt totaling $233.46 due to the Christmas season and gifts. I will pay this balance off in January.

**BAGAGT1** · 12-18-2005, 07:22 AM

Re: How much in debt are you?

Car Loan: $3800
Furniture Loan: $2200

Mortgage: $211,000

The first two simple enough. The last, it's a long term project.

**PRICEPLUS** · 12-18-2005, 10:57 AM

Re: How much in debt are you?

More than I care to be!

**lrjohnson** · 12-18-2005, 12:44 PM

Re: How much in debt are you?

Debt: zero.
-(one credit card with a $1,000 limit, nothing on it, just went from an unsecured card in October.)
-(2000 Saturn bought for cash in 6/03).

I have a real thing about debt, had bad credit die to medical, legal, and consumer debts, about $5k, in early nineties. $5k seems small now, but at the time it was crushing, really crushing. Paying evertyhing off on a small income (min wage part time, then $6-7 "full time"-37.5 hours) was hard but it felt so good. Debt scares me so much now.

However, I have no real assets. No house/mortgage. Part is being in California-the prices are just crazy. Part is fear. Fear of the debt, even though a mortgage can be good debt, and fear of the process. I have a County Employee pension, and a deferred comp plan, and a baby IRA, but really don't know much about any of them. Fear, again. I have too much cash (I think) in a regular low interest savings.

I though no debt would be the final goal, but I am ready to go the the next stage and it's almost comical how long it's been since I've had no debt that I haven't taken more pro-active steps regarding retirement, investment, and purchasing a house.

**Snoopy2645** · 12-18-2005, 06:23 PM

Re: How much in debt are you?

Well mortgage is at about $17k & cc debt is about 3k due to alot happening the last 3 months but that is all at 0-2% interest so not too bad & just got a bill for my dd's surgery it is close to $1000 but I am on a payment plan with no interest so I guess in my whole life right now I owe $21k not too bad but I would prefer too owe NOTHING!!

**PrincessPerky** · 12-19-2005, 04:35 AM

Re: How much in debt are you?

Mortgage- a billion (thats what it feels like)
Car - a ton (feels like)
CC - 3000 (pretty close to accurate) -edit down, looked at last statement, better than I thought

.

I only feel confidant about getting rid of the CC, once that is done I will look at the other stuff, might even learn the real numbers

.

**kashi** · 12-19-2005, 06:04 AM

Re: How much in debt are you?

College Loan 1: $1,528
College Loan 2: $12,619
Credit cards: variable but paid off every month

I guess I shouldn't be too hard on myself, since I started out with $23,170 in loans four years ago. Interest has sucked up a healthy portion of my repayment amounts, unfortunately. Making progress, though!

**PennyPincher** · 12-19-2005, 06:29 AM

Re: How much in debt are you?

Ugh. It's just mortgages, but still...

$388,000!!!

This is for a condo and a townhouse - one is a rental, so it pays for itself on a monthly basis.

I pay all my CC balances monthly, and paid off my car this past February.

**jmjj215** · 12-19-2005, 08:42 AM

Re: How much in debt are you?

No debt. But we're looking to get into a house w/in a year, so there'll be some (hopefully as little as possible) there.

**flash** · 12-19-2005, 12:02 PM

Re: How much in debt are you?

Zero debt. Since hubby and I both retired at 40, I'm looking to keep it that way.

**Fern** · 12-20-2005, 07:50 AM

Re: How much in debt are you?

Mortgage: About $87K
Car: 0
Other loans: 0
Credit cards: 0

**FrugalTexan75** · 12-20-2005, 06:02 PM

Re: How much in debt are you?

Mortage: Don't own a house
Car: Paid off 97 Honda
CC: ~$900 -- could pay it off with money in savings, but with my job situation not stable yet, am paying the min X 2 each month + anything I put on it new.

Laura

**Tree0164** · 12-21-2005, 03:25 AM

Re: How much in debt are you?

Car Loan 7,859
Mortgage 122,000

No credit card debt

**german0955** · 12-21-2005, 02:35 PM

Re: How much in debt are you?

mortgage 142 K
Vehicle 21.4 K

How much in debt are you?