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just consumer debt, or mortgage too?
?
$100,000 k
just consumer debt, or mortgage too?
$0 but don't own a house
$2000
or 2100 if you believe 4cc
How much debt you have doesn't mean much unless you give your salary also.
$28,000 but that's a business debt on a corporation. My house and two cars paid for. Adding up the child support left, add another 75k or so left. So about 108k. I'm 6 years to being out of debt, depending on how I want to pay support. I could double up, which is my plan eventually. I can see the light at the end of the tunnel now.
$20,000 for college.
ditto (since my car is paid for)
I got 10 G's riding on mah edumication I bought from UT left to pay off. It's a shame I had to spend 10 G's the othah day at the academiks store at the mall.
$0.
Hefty price to pay just to have a limited choice of the field of wage slavery you'll spend the rest of your life in.
Personally, I'd just start a clandestine lab if I were you
8k...or not, depending on my mood....because really that debt is a figment of my imagination as far as I am concerned. It's all in my head.
And my mood gets little worse every time they jack my interest rates, raise the late fees or do something like move the due date to the 6th
I have like $1500 on my AMEX. I get a free car for work and don't own a home. I'm also 25 and unwed; but I have a girlfriend itching to get married so I'm sure I'll get to experience all the glories of debt in the next couple years
About 11K (my car)
About 2k in cc debt. $19k in car loan debt.
Mortgage included?
A lot.
Without mortgage?
About $10k.
If you include mortgage, then about $85k. Without it, still $25k (mostly caused by having to support my brother the last 5 years). It'll go up further this year, and probably next before starting to drop drastically.
$0.
I started listening to Dave Ramsey at the age of 16 or so.
Anyone who knows anything about personal financing can tell you that student loans and mortgages is "good debt".
Only auto loans, credit card debt etc. should be counted when talking about how much debt you are in.
Debt free.
Depends on the loan types.
I would not include subsidized student loans as bad debt, but I would unsubsidized.
Auto loans would be wishy washy because it's a solid asset backed debt, but the asset is usually not worth the debt amount.
Mortgage is good debt because the asset is typically worth more than the associated debt.
Unsecured debt (credit cards, signature loans, etc) is all bad, but sometimes necessary.
The big question is "what is your net worth"? I may have $25k in bad debt, but my net worth is still slightly positive, and fairly stable for now.
That's not true at all time. When the market returns more than interest on a mortgage, then it's better to put money in the market. When the market doesn't perform well, it's better to pay off a mortgage.
I would be debt free if I didn't own my Uncle Sam money.
7,5k, student loan.
P.S, int rate is fixed at 6.8, can any of you economic buffs tell me if it's decent compared to the market rate?
the academic store at the mall? What the is that?
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