I know some people don't like talking about this stuff so only answer if you don't have a problem with it.
I am about $4200 in debt, which ain't bad considering I'm a full time student in college. I know some people who are $20,000 in debt. Blah!
2006-10-11 15:23:57 · 8 answers · asked by sadlymistaken 2 in Business & Finance ➔ Personal Finance
I'm am roughly in the hole $5,000 due to raised interest rates and late fees because I cant pay my bills. I was in an accident a while ago and haven't worked since. I had a friend who had about 5 credit cards though. She's about $25,000-$30,000 in the hole...so I guess I should be thankful??? lol.
J
2006-10-11 15:34:38 · answer #1 · answered by Jenn 6 · 0⤊ 0⤋
I believe in careful money management and ensuring that I refrain from ever being in debt, because I find that in all of the experiences I have heard of, being in debt can be a one-way road once the amount is too high.
2006-10-11 22:33:19 · answer #2 · answered by WaterfallOfDestiny 7 · 0⤊ 0⤋
I am against debt. Money used for schooling is an investment that you have to pay on. Raw debt for cars, clothes etc, is waste in my opinion.
Besides it's all a matter of perspective. Some states are like 50 billion in debt.
2006-10-11 22:27:58 · answer #3 · answered by Anonymous · 0⤊ 1⤋
zero debt, after about 12 years of being in...
I am never borrowing money again, for ANYTHING.
I now have cash in the bank, I HOPE for higher interest rates.
2006-10-11 22:47:24 · answer #4 · answered by kvuo 4 · 0⤊ 0⤋
Once I figure in schooling...I come out at about $25,000! Yes, schooling is an investment, but it is still money that I owe. Oh well, tho money is important, it isn't everything!
2006-10-11 22:35:15 · answer #5 · answered by teachin_now 2 · 0⤊ 0⤋
I know what you're talking about!! I'm about $10,000 in debt cause of college...
2006-10-11 22:25:49 · answer #6 · answered by Howdy 2 · 0⤊ 1⤋
my spouse and I combined are in debt 21,000
2006-10-11 22:31:50 · answer #7 · answered by manicschematic 2 · 0⤊ 0⤋
$37,000
And the minimum balance is piling on more and more each day.
2006-10-11 22:33:18 · answer #8 · answered by thelucegoose 1 · 0⤊ 0⤋