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Old 08-29-2007, 12:41 AM   #21
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I had managed to stay debt free the last 12 years. House paid, cars, trucks and other vehicles paid for. March 8th I bought a second house, nothing fancy 80K. I was able to pay over cash and plan to pay the balance off by the end of the year. Then I will have more funds for my toys. O yea the new house is about a 70 minute drive from The Gap, coincidence? Maybe
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Old 08-29-2007, 01:22 AM   #22
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ugh, I work as a debt collector. About 70% of the people I call are idiots, the other 30% have medical bills. I feel sorry for them. Healthcare in this country is outrageously expensive.
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Old 08-29-2007, 01:47 AM   #23
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Anyone see sicko? It touched on a lot of good points and simply reminded me of how messed up our medical system is. Poor=death? WTF
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Old 08-29-2007, 01:57 AM   #24
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Canada FTW!
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Old 08-29-2007, 02:46 AM   #25
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debt free,no cc.
ive started saving for a house considering,ill only be able to save money when living with my parents.
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Old 08-29-2007, 03:05 AM   #26
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car payment, and small cc, but i lucked out, and don't have to worry about paying for school until 9 months after i graduate
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Old 08-29-2007, 04:14 AM   #27
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No debt, yet! Pay phone bill. Got the miata and toyota pickup for free, all upgrades and toys I pay for, gas I pay for and Insurance I pay for. Honda odyssey FL350 (small upgrades) got for free, have to pay a small insurance fee to ride on gov't land. Living with parents and paying for college with fasfa and out of pocket money (and get re-imbursed from both of my jobs) as well as free benifits from UPS (health, dental, the works.)

Got it pretty good right now.
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Old 08-29-2007, 04:22 AM   #28
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I got a little bit of credit card debt that I carry but generally less than a thousand ... I think its like $500 right now.
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Old 08-29-2007, 08:00 AM   #29
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I guess there's one good thing about being old enough to father half of you guys.

I'll keep a mortgage as long as I live. No reason to pay a house off at todays rates. Just sold my Forester and that's the only payment I had aside from credit card bills that get paid off every month.

I'm married though so I'll always owe at least half of what I make.

Frank
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Old 08-29-2007, 10:10 AM   #30
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I've been in debt for the past 10 years, mostly back taxes. Long story. I'm about 6 months away from being out of IRS debt. I've had CC debt for about 6-8 years which will be paid off in about 6 months too. Once I've paid all that off, i'll have an extra $800 in my pocket/month which is about $800 more than what I've got now.

Got 1 car payment (out of 4 cars) and a mortgage. I won't complain for a second about the mortgage because I love being a homeowner.
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Old 08-29-2007, 10:15 AM   #31
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Quote:
Originally Posted by speedf50 View Post
Anyone see sicko? It touched on a lot of good points and simply reminded me of how messed up our medical system is. Poor=death? WTF
Quote:
Originally Posted by jayc72 View Post
Canada FTW!
yeah, except the part they don't tell you is that in cuba you have to live in fear to get it, and in canada you have to pay a 50% tax rate to get it.

mike moore should die in a puddle of his own vomit. propaganda FTL...
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Old 08-29-2007, 10:19 AM   #32
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Quote:
Originally Posted by fmowry View Post
I guess there's one good thing about being old enough to father half of you guys.

I'll keep a mortgage as long as I live. No reason to pay a house off at todays rates. Just sold my Forester and that's the only payment I had aside from credit card bills that get paid off every month.

I'm married though so I'll always owe at least half of what I make.

Frank
for the most part, but he softening market worries me as I have two houses without a ton of equity. Temporary I guess....
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Old 08-29-2007, 10:20 AM   #33
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Best time of my life was when I was 18, lived at home and made $14 an hour and was on my parents insurance. I had no bills to speak of and took home about $480 a week. Then I go a cell phone, my own apartment, a car payment and a credit card within six months, it's eight years later and hasn't been the same since.
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Old 08-29-2007, 10:46 AM   #34
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Quote:
Originally Posted by devin mac View Post
yeah, except the part they don't tell you is that in cuba you have to live in fear to get it, and in canada you have to pay a 50% tax rate to get it.

mike moore should die in a puddle of his own vomit. propaganda FTL...
every canadian I have ever spoken to has been very happy with their healthcare system. they find ours horrifying.
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Old 08-29-2007, 10:58 AM   #35
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Quote:
Originally Posted by devin mac View Post
in canada you have to pay a 50% tax rate to get it.
You don't think you're at a 50% tax rate?

There is of course:
Federal Income Tax
FICA
State Income Tax

But also:
Property Tax
Sales Tax
Gasoline Tax
Utilities/Communications Tax
Vehicle Registration Fees
Various Licensing Fees (Drivers, Marriage, Fishing, Hunting, Pet etc.)
Cigarette Tax
Parking Meters
Toll Roads

It adds up to be about 50% of your income for the entire middle class.

An expanded list...
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Old 08-29-2007, 12:01 PM   #36
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I was going to say, my tax rate is about 33-35% of each pay check. Thats not counting any tax I pay on the other general **** I buy and NOVA where I pay a tax every year just to own a car I paid for.

In general I carry a student loan debt, which is a given if you spent a lot of time in school. Otherwise I try to carry no debt.
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Old 08-29-2007, 12:10 PM   #37
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dude I wish I *only* paid 50% to taxes.
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Old 08-29-2007, 12:18 PM   #38
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I'm 36, two kids, we owe 15K on our mortgage but that's it. But the wife wants to buy a nicer house in the "city" (about 40K people). And I was going to get another car when it was paid off... I keep telling her that most of the rooms in the trailer do not have leaks in the roof but all she does is complain.:gay:
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Old 08-29-2007, 12:30 PM   #39
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Quote:
Originally Posted by devin mac View Post
yeah, except the part they don't tell you is that in cuba you have to live in fear to get it, and in canada you have to pay a 50% tax rate to get it.

mike moore should die in a puddle of his own vomit. propaganda FTL...
Even at 50% (which it isn't) I'll take it. How many people are finacially ruined in your country because they or a family member got sick? How many in Canada?

No system is perfect.
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Old 08-29-2007, 12:49 PM   #40
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on our trip to canada last year we asked a few people how they liked national health care. the general idea I got was that it's a lot like jiffy lube. quick, cheap, and half-assed. maybe i exaggerate a little.

of course they will probably cover you as a foreigner and are injured while you're there. so that's cool.

I carry some credit card debt, but all way under 10% APR. every time I get a "3.9% for the life of the balance" offer, I take it. and then about 4K in student loans that are slowly being paid off. no kids, no house, no wife yet. Did take 7 months off to "find the right job" so that didn't help.
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