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How much personal debt do you have?

How much personal debt do you have?

  • None!

    Votes: 12 25.5%
  • Under $1,000

    Votes: 3 6.4%
  • $1,000-$5,000

    Votes: 7 14.9%
  • $5,000-$10,000

    Votes: 2 4.3%
  • $10,000-$25,000

    Votes: 6 12.8%
  • $25,000-$50,000

    Votes: 4 8.5%
  • $50,000-$75,000

    Votes: 1 2.1%
  • $75,000-$100,000

    Votes: 1 2.1%
  • $100,000-$200,000

    Votes: 7 14.9%
  • Over $200,000

    Votes: 4 8.5%

  • Total voters
    47

Josie

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If you're comfortable....how much personal debt do you have? Do you think you can be debt-free anytime soon? Do you follow a certain plan to achieve your financial goals?
 

soccerboy22

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0, but I am not going to vote. Feels wrong to when I can still live under my parents.
 

Barbbtx

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OOPs I voted 0 when it should have been under a $1000. I forgot I make dinky payments every month to pay off medical bills.
Otherwise, I am relatively poor, but debt free.
Hey, wouldn't that make me wealthier than someone driving a new car with payments and living in a fancy house with a mortgage?
Whoo Hoo, I'm rich!
 

tacomancer

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Over 100k if you include the house
about 40k without the house (mostly student loans)

Working on paying it off.
 

TurtleDude

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I have about 200K left on our mortgage on a piece of property I bought for 475K and is now worth a couple million So I guess I have that much debt though the current value of the land has skyrocketed (was farm land, now the stuff next door went for 100K an acre)

I guess net I have no debt but on the books I have the morgtage
 

Cephus

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If you don't count the house, less than $2000. If you do, probably around $75,000 total, although the house is now worth about a million and a half.
 

molten_dragon

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I have about $20k in my name (all student loans). I'm also paying off another $25k in parent plus loans that are in my parent's names.
 

1069

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I don't know. I've got a bunch of medical bills for me and my kids, from before we had insurance.
Bill collectors call me all the time, but I just ignore them. I never plan to pay it, and it doesn't affect my life any. I don't know the amount, nor do i care. I'm sure it's over a hundred thousand, all told.

Other than that, i don't think I have any debt.
 

Barbbtx

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Do you follow a certain plan to achieve your financial goals?
I learned from my dad to save and pay upfront for everything except a house and then pay that off as soon as possible. I know that's not always realistic, but I cringe when I see friends putting luxuries on credit cards. That's just stupid.
 

Josie

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Mine is in student loans as well. Someday they'll be gone. :)

I'm hoping to be rid of them within the next 5 years.
 

Josie

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I don't know. I've got a bunch of medical bills for me and my kids, from before we had insurance.
Bill collectors call me all the time, but I just ignore them. I never plan to pay it, and it doesn't affect my life any. I don't know the amount, nor do i care. I'm sure it's over a hundred thousand, all told.
You feel no obligation to pay it back?
 

1069

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Josie

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Nope.
I think medical care is a right, and that it should be free.
Well, it's not a right and it's not free. So....
 

tacomancer

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While I agree that it should be made into a right in this society, until it is, we should make all attempts to follow the current laws.
 

Barbbtx

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I don't know. I've got a bunch of medical bills for me and my kids, from before we had insurance.
Bill collectors call me all the time, but I just ignore them. I never plan to pay it, and it doesn't affect my life any. I don't know the amount, nor do i care. I'm sure it's over a hundred thousand, all told.

Other than that, i don't think I have any debt.
I'm sorry for you. I know how that feels with medical bills.:-(
I couldn't sleep and I hated answering the phone. It was affecting my life. I finally faced the problem and talked to them. I agreed to pay like $25 to $30 a month to the different drs and hospitals and they were very nice about it. When my husband died I continued the payments but was eventually contacted about the one HUGE bill I owed and they said they were going to write the whole thing off. They even sent me flowers!
So now I've got the rest down to under a thousand.
So, all I have to worry about is waiting on my free Obamacare so I can be insured. LOL
 

1069

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I'm sorry for you. I know how that feels with medical bills.:-(
I couldn't sleep and I hated answering the phone. It was affecting my life. I finally faced the problem and talked to them. I agreed to pay like $25 to $30 a month to the different drs and hospitals and they were very nice about it. When my husband died I continued the payments but was eventually contacted about the one HUGE bill I owed and they said they were going to write the whole thing off. They even sent me flowers!
So now I've got the rest down to under a thousand.
So, all I have to worry about is waiting on my free Obamacare so I can be insured. LOL

It's okay.
I only answer because my kids no longer live at home, and so when somebody calls from a number I don't recognize, I get scared something's happened to them and I have to answer (hooray for anxiety disorder :?).
If it weren't for that, I'd simply never answer.
As soon as I find out it's bill collectors, I hang up.
It's not like those people calling really care if i ever pay my hospital bills.
They barely speak English. I think the collection agencies outsource to India or something.
They're just doing their job, reading a script off a piece of paper.
So I try not to be mean to them.
 

1069

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Well, it's not a right and it's not free. So....
It is a right, and it's free everywhere else in the industrialized world except the US.
It's not my fault my lame-ass country is behind the times, human rights-wise.
That doesn't mean I have to be. I'm free to just ignore them.
 

Harry Guerrilla

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It is a right, and it's free everywhere else in the industrialized world except the US.
It's not my fault my lame-ass country is behind the times, human rights-wise.
That doesn't mean I have to be. I'm free to just ignore them.
But it's not free everywhere else.
You still have to pay taxes for it, in other countries.
 

Fiddytree

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Student loans...and student loans.....and more student loans. Oh yeah, and some day....more student loans for graduate school. Om nom nom debt to the government.
 

Jucon

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I learned from my dad to save and pay upfront for everything except a house and then pay that off as soon as possible. I know that's not always realistic, but I cringe when I see friends putting luxuries on credit cards. That's just stupid.
I have no credit card debt. The only time I ever use my credit card is if I already have the money in my checking account. As soon as I get the bill for my CC I pay it off. Screw that minimum payment crap. I'm not going to mess with interest.

But I do have school loans... which I have to start paying back in about 2-3 months... and with no steady job yet... :scared:
 

digsbe

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As of now my student loan debt is around $9,000.
 

tryreading

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About $8,000.00 outstanding, will have it paid off soon.

But the house is paid off, my wife's car is too, and I drive a company truck so no debt there. Very close to being debt free.
 
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