Poll

How much are you in debt?

$0
Less than $10
$100 or more
$1000 or more
$5000 and up

Author Topic: How much are you in debt?  (Read 7531 times)

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Offline S-99

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How much are you in debt?
Just something i felt like finding out since the mainstay of the american population are debtors (after that i'm curious about other countries). I myself have no debt, but i also don't have that much money.

Reasons for being in debt if could be explained also would be enlightening. I imagine people in here needed to pay off some bills, school loans, etc.
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Offline Mars

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Re: How much are you in debt?
Out of work, owe my family and friends around $300 total.

 

Offline Sololop

  • 28
Re: How much are you in debt?
As of 2011, I've paid off my last swig of debt, I'm free!


Temporarily.

 

Offline NGTM-1R

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Re: How much are you in debt?
Luckily, I'm not.
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Offline sayoqod

  • 25
Re: How much are you in debt?
School. Got some money in savings, since Mom's paying for my tuition. We haven't discussed a payback method, she just says I can make it up to her when I'm rich and employed and she's retired. I'm her retirement plan :P
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Offline Black Wolf

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Re: How much are you in debt?
Are you talking day-to-day, living expenses type debt? Credit cards and ****? Or big, 'institutional' type debts? Because you know mortgages are hundreds of thousands of dollars, right? So your poll numbers probably need to be tweaked somewhat. :p
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Re: How much are you in debt?
Are you talking day-to-day, living expenses type debt? Credit cards and ****? Or big, 'institutional' type debts? Because you know mortgages are hundreds of thousands of dollars, right? So your poll numbers probably need to be tweaked somewhat. :p
This.

I've still got about $90,000 owed on my mortgage.  If push came to shove, we could probably pay that off, but it would completely deplete our liquid assets and would require one or both of us to dip into our retirement funds.  For the time being, bad idea.
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Offline Nuke

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Re: How much are you in debt?
im over 10000 in debt and dont plan on paying one dead cent of it back. il see it go to zero when the world gets nuked. should teach em for giving credit to sociopaths.
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Offline Bobboau

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Re: How much are you in debt?
ATM $200, but this is the first time in a long time and that's just because I splurged on some stuff.
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Re: How much are you in debt?
Paid off my uni debt, currently in the process of saving - what for, depends on a few things, but yea.
No debt here.
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Offline JR2000Z

  • 27
Re: How much are you in debt?
I'd like to know how so many here are not in debt.

Still paying ~$5,000 on car loan. And I'm hesitant to go to a 4 year college because I don't want to spend the next 15 years paying it off.
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Offline General Battuta

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Re: How much are you in debt?
I'd like to know how so many here are not in debt.

Still paying ~$5,000 on car loan. And I'm hesitant to go to a 4 year college because I don't want to spend the next 15 years paying it off.

Many schools will give you a free ride if you're not in a great situation financially. Do your FAFSA, get in somewhere decent.

 

Offline Davin

  • 26
Re: How much are you in debt?
Canadian university debt... it's a pain in the ass and only getting bigger.

 

Offline Klaustrophobia

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Re: How much are you in debt?
0

parents paid for school.  although if i had gotten loans instead, my employer would have paid them off in full after 6 months of work.  that would have been nice to know 5 years ago.
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Re: How much are you in debt?
The median consumer debt in the United States is $30,000.

Looks like this forum has a pretty financially responsible bunch.

 

Offline Mongoose

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Re: How much are you in debt?
And/or a bunch who is jobless and flat broke, so we don't have the means to go into debt in the first place, like myself. :p

 

Offline achtung

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Re: How much are you in debt?
I'm a college student, but I'm $0 in debt. Thank you gubment!
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Offline iamzack

  • 26
Re: How much are you in debt?
none, until i run out of college savings and continue to fail to win lottery scholarships.
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Offline Sushi

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  • 211
Re: How much are you in debt?
Made it through 4 years of uni on a scholarship, incurred a few Ks of debt from my Dad while finishing Grad school. "Inherited" another 15k of my wife's student loans. All payed off as of the beginning of this year, though, which feels great! Time to start saving for a house...

 

Offline General Battuta

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Re: How much are you in debt?
And/or a bunch who is jobless and flat broke, so we don't have the means to go into debt in the first place, like myself. :p

i hate to break it to you but this has rarely stopped anyone