how much are you in debt?

Modular2v said:
flop houses? :rlaugh: yeah i started buying cars when i was 18 with my dad as a cosign since then i have paid off 2 cars! I really want to look into getting a house but this annoying thing called college is prohibiting me from that

Yeah I did the same thing with houses but a lot more dangerous... I wouldn't recommend it :nonono: It's not all "Get Rich Quick" like I thought it was. And taxes are rediculous and scarey.
 
HoodStrype said:
Yeah I did the same thing with houses but a lot more dangerous... I wouldn't recommend it :nonono: It's not all "Get Rich Quick" like I thought it was. And taxes are rediculous and scarey.
not that you are a financial advisor but what would you recommend? :D
 
195k in debt with mortgage......it's a good thing and a bad thing


I get to make all the noise, beat up on the place as much as I want...have as many shin ding's as I want...but I pay $1600.00 a month taxes insurance mortage.

also, you can write the expense like paint and taxes and isnruance off at the end of the year, therefore I focus on paying a interest account off first..likes car loan and credit cards.
 
IN VERY DEEP. i got in more debt after i bought this mustang and putting all these money into it. i have spent over $4000 last month. and i have 4 platinum credit cards going...But i have made over $22k within 4 months period...which is a good thing!! but i don't know where it all went...girlfriend, party, friends, car stuff, alcohol, weed, ALOTS OF WEED....and um....uhuh i forgot..:)
 
I was about 12k in debt for school but then some guy died and donated a lot of money to Purdue grad students last year and I got 10k so now I am about 1k ahead of the game :)
 
I'm 28, own my second home with a 150K mortgage, house appraised at refinace 6 months ago at $240k so there is some equity. Truck payment, wifes car payment and about $1k in credit cards. Not too bad off I guess, mustang and mods are paid for. Oh sheeet almost forgot the 5K in four wheeler debt:rolleyes:
 
i'm 14 with 1,600 in debt but its not to a bank, Its to my dad so i don't have to pay interest :nice: I told my parents not to let me get a credit card anytime soon or else i would be 20,000 or so in debt before i knew it.

dang that's a god credit score for only being 22 :shock:


that's one of my goals to have a good credit score by the time I'm 30
 
Im roughly 2500 in debt on a cc but when I graduated last year I owed 9.5k to the credit card companies. I've been pretty disciplined the past year. I pay roughly $800/month on the cc's. I want to get a house soon but Im not letting myself get one until I pay off all the cc's. I did buy a Mach 1 recently though, so I still owe 6k on that.
 
25, cars and toys are all paid off, i owe about $15K for student loans and will be taking a big hit when i buy a house.

Unfortunately i live in Metro Boston which is the 3rd most overpriced housing market after LA and Hawaii....so unless i find at least $400K sitting in a sack somewhere i won't be buying a house anytime soon
 
let see im 25, got 60,000 on my mortgage, and 8,000 in credit card debt. most the credit card stuff is from my kitchen cabinents, my tv,fridge and stove. Luckily all my money doesn't go toward bills like some of my friends. I am actually able to pay these off if i wanted to but they are mostly 0% so im going to sit on em till they are up.