I'm about $60,000 down!!! BUT, I'll get out in the next year or so.
2006-08-08 10:06:27 · 9 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
How will you do that? I'm about 8-10 k in debt.
2006-08-08 10:09:23 · answer #1 · answered by Anonymous · 0⤊ 0⤋
not in debt and never filed bankruptcy either . House is paid for , GT cobra paid for , truck paid , zero mortgage , and I have not paid one cent in interest in 24 years on my credit card as I have always paid the balance in full every month . In todays world I would want as little as possible debt cause the economy is gonna tank , housing prices are soft - Feel sorry for those who borrowed heavily against their house - , and if you think utilities and fuel prices are going down you must be on drugs or terminally stupid . America will pay whatever it takes to be cool in the summer , warm in the winter , and drive and these companies know it . I remember my next door neighbor saying the day gas hit $2,00 he was parking his car . Guess what ? He didn't and even bought his wife a gas guzzling hummer .
2006-08-08 10:35:36 · answer #2 · answered by Anonymous · 0⤊ 0⤋
0 debt. age 31. chapter 7 at age 26. Paid off car about 2 years ago -- never borrowing money again, EVER.
I started dave ramsey's plan before I heard of dave ramsey..
2006-08-08 10:10:33 · answer #3 · answered by kvuo 4 · 0⤊ 0⤋
Home mortgage - $168k
2001 Corvette - $25k
2003 Dodge Truck - $14k
Credit cards - $1k
Personal loan - $5k
Student loans - $26K
Child support - 4 more years @ $6,000 per yr
Looks like $263,000
Now I'm depressed
2006-08-08 10:13:04 · answer #4 · answered by 3eleven 4 · 0⤊ 0⤋
$0 debt. house paid off, car paid off, net rental income $40,000 a year, not working anymore, spend less money, but less stress, only money i am spending right now is travel and basic need. husband likes to spend more, he still has over $200,000to pay off his house, in the process of changing his spending habit.
2006-08-08 10:53:58 · answer #5 · answered by Discovery 5 · 0⤊ 0⤋
The guy who mentioned Dave Ramsey has got it right. It's a tough plan but it works if you will work it!! All I owe is my home.
2006-08-08 10:25:49 · answer #6 · answered by BOB W 3 · 0⤊ 0⤋
$22K in student loans and a $400/mth car payment (along w/ typical monthly expenses)
2006-08-08 10:09:55 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Including my car and credit. 28k.. Im not worried.
2006-08-08 21:55:24 · answer #8 · answered by Johnsmatrix 3 · 0⤊ 0⤋
FARTHER THAN ;I EVER THOUGHT POSSIBLE AND NO INCOME.....TOUGH CHIT
2006-08-08 10:10:26 · answer #9 · answered by flowerspirit2000 6 · 0⤊ 0⤋