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Old 08-28-2007, 09:38 PM   #1
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Default So who carries debt?

In light of our recent 80$ discussion I got to thinking how many other users on here carry debt they either don't consider to pay, or just plain right off.
I can see debt on a Car, house etc. Sure but CC's, laons from freinds, etc. how many off you see these as acceptable debts to carry? Or am i just way out of line here. Seeing as I have no credit, and everytime I think about buying something big i talk myself out of it. So what do you guys think?
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Old 08-28-2007, 09:41 PM   #2
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Debt free 4 life.
Thus far. No mortages yet. Cars paid in cash.
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Old 08-28-2007, 09:43 PM   #3
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Drug Dealer.
Thus far. No mortages yet. Cars paid in cash.
fixed
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Old 08-28-2007, 09:45 PM   #4
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Cars paid in cash does not mean drug dealer. It means dedicated. If his car was a new NC i would think different then.
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Old 08-28-2007, 09:46 PM   #5
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well as I am in college I am in hugh debt and I ******* hate it.

I have a CC and School debt but nothing else.... now my school debt is that of a small house

I plan to pay my college off within 5 year top(hopefully 3) I have no car payment(alway paid cash), and my CC is just to help with school like my computer and other jack-up ****.

I want to get to a point where a mortgage is the only debt I have. Well that is the goal atleast
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Old 08-28-2007, 09:57 PM   #6
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My money making means aren't illegal by any means. I just happen to be on scholarship for NCAA Rifle. This makes college very nice. Room and board is easy to manage when they take care of tuition books and fees.
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Old 08-28-2007, 10:20 PM   #7
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I have a small amount of credit card debt.. plus mortgage and car payment.. i'll probably always have car payments.. as long as there are cars.
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Old 08-28-2007, 10:24 PM   #8
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****, I have a ton of it.
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Old 08-28-2007, 10:26 PM   #9
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Are you kickin that 7's *** or what man?
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Old 08-28-2007, 10:29 PM   #10
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Quote:
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Are you kickin that 7's *** or what man?
waiting the rest of my life for the ******* engine mounts.
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Old 08-28-2007, 10:30 PM   #11
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I have around 20k in credit card debt. Had 0 credit card debt before I was injured 18 months ago. Not being able to work + doctor bills is the suck.

I also depleted my savings, nearly 50k, but most of it went to my new house.

Have a house payment. No car payments.
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Old 08-28-2007, 10:32 PM   #12
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Small car payment with 0% interest. That's it.

Last edited by Atlanta93LE; 08-28-2007 at 10:57 PM.
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Old 08-28-2007, 10:44 PM   #13
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In HS, debt is yet to come...

With the ridiculous amounts that colleges want for tuition now a days I think that those online college things are going to get a lot more popular as they are attractive for obvious financial reasons. But I don't know about the level of education that one would receive online, and how it would look to others.

Oh and I owe my dad $500 for some parts I broke when I hit a storm drain via a deer.
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Old 08-28-2007, 10:53 PM   #14
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0 debt

All cars paid cash. Looking for a house to change my debt free money free lifestyle. Although with the market the way it is, its almost cheaper to get a 300-400k house than rent where I need to live.
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Old 08-28-2007, 10:55 PM   #15
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I have my mortgage, and some credit cards. That is all that I have, credit is a good thing when used properly. The owing friends money thing though on the other hand, I will try my hardest to keep from borrowing money from friends. If I do, that becomes my first priority.
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Old 08-28-2007, 11:31 PM   #16
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i have substantial student loans.

I bought everything for the miata, now about 75% of what I make monthly goes to them.
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Old 08-28-2007, 11:51 PM   #17
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No debts here,if anything people owe me money.
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Old 08-29-2007, 12:03 AM   #18
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How old are you guys that have no debt? Kids?

I now only have a mortgage and a payment on a vehicle. Otherwise no debt. But that's recent. Before that I had my fair share.

Built a house this year. Sold my condo to do it and got $304K for it. Took nearly a year to build and since the market has gone insane. Paid $250K for the house, it's now worth nearly $400K. Has been a good year for us. Nice small mortgage, and paid off all my debt and bought some toys.

Jay
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Old 08-29-2007, 12:09 AM   #19
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Nice jayc.
21, 3 semesters left in college, g/f with no plans to be married for a few years. I'll get out with no debt. Once i have a good paying job out of college i'll be buying some sort of fixer upper house/condo wherever i'm living if the market is good there.
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Old 08-29-2007, 12:27 AM   #20
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I'm 26, no kids.

Edit: 27.. ****, I am going senile.
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