Hi,
Of all your debt, what percentage would you say is consumer-related? I mean, debt that you acquired buying stuff like CDs, DVDs, toys, computer gadgets (which can be considered non-essential)
(As opposed to "essential debt" (or investing) by which I understand something like a mortgage, or school debt) Thank you!
2006-09-11 16:36:18 · 9 answers · asked by zap 5 in Politics & Government ➔ Immigration
0% consumer debt..credit cards are evil!
2006-09-11 16:50:17 · answer #1 · answered by blankit 2 · 0⤊ 0⤋
The only debt I have is my student loan. Most of it was essential - went on my rent, food etc but also a lot went on beer and cds. I'd say I could have maybe 30% less debt but I would have had a boring 3 years in uni.
2006-09-11 23:40:48 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I don't have any debt. I save my money for things I want and need and pay cash for everything. (I have older friends who I saw get into trouble with credit cards and decided not to own a personal one.)
2006-09-12 00:01:22 · answer #3 · answered by Mariposa 7 · 0⤊ 0⤋
Maybe 2-3%. I am a pay as you go person other than house.
I even pay cash for my cars, it does require saving a car payment ($400) each month so when new car is needed I have the cash. I am a big Clark fan, so I pay cash for everything.
2006-09-11 23:41:08 · answer #4 · answered by Wolfpacker 6 · 0⤊ 0⤋
your in an immigration forum, but to answer your question, everything i have is paid for with cash except my house. no debt is good. really, none. not even the house but who can buy a house with cash while in the military. go to www.daveramsey.com hope this helped
2006-09-11 23:43:57 · answer #5 · answered by wheniawoke 3 · 1⤊ 0⤋
as a rule ... i never take debt
since all the banks operate with the PROFIT/LOSS thingy .. n thats simple "INTEREST" n thats PROHIBITED in Islam cuz this makes the poor more poor.......
n thats why i dont even put my money in the Bank .. n if its necessary .. i put in the "currrent account".. where there is no "profit/loss thingy"!!!!
2006-09-11 23:45:24 · answer #6 · answered by Apple 4 · 1⤊ 0⤋
None, I finally paid it all off, tore up my credit cards. If you want something, save for it, or live without it.
2006-09-11 23:53:25 · answer #7 · answered by gokart121 6 · 0⤊ 0⤋
well im a die hard republican... and i never pay taxes, who would pay taxes, i need 8,000,000,000,000 cell phone mins. a month.
Or wait, is that THE NATIONAL DEBT. WAKE UP, the country is about to fold
who gave me the damn thubms down IM me, @ eb1x1 aim SN
2006-09-11 23:40:07 · answer #8 · answered by Eric B 4 · 0⤊ 2⤋
What connection does your question have to immigration? Is this a question only for immigrants?
2006-09-11 23:43:18 · answer #9 · answered by oklatom 7 · 0⤊ 1⤋