How much money do you owe? Do your assets outweigh your amount of debt?
2007-10-17 14:04:20 · 17 answers · asked by rj 2 in Business & Finance ➔ Personal Finance
LJ if you dont like it dont answer it.
No one needs to know anyone's identifying information so believe it or not we don't actually know each other.
2007-10-17 14:10:22 · update #1
I think my debt is around 40k. but my house is worth maybe 90k so I'm in the black.
2007-10-17 14:07:23 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I'm not perfect and I'm okay with that....
6k in student loans
about $1,500 left on my car loan
$1200 in the bank
I pay my bills monthly, no CC debt, but I'm moving out in a couple months, so that may change! I don't get paid a lot but I love my job and have an opportunity at moving up real soon.
2007-10-17 14:15:58 · answer #2 · answered by Kristin 3 · 0⤊ 0⤋
$47,683.27, down from $59,272.11 as of January 31st. That $11,588.84doesn't include interest payments (it's only principle), nor does it include savings ($1,000 minimum is kept on hand at all times), nor does it include cash spent on vacations (instead of on credit cards), retirement investment growth, etc.
Breakdown of current debt:
$8802.80 credit card
$10424.84 Student Loan
$13456.02 Car loan
$14999.61 Truck loan
Both vehicles are listed for sale, and once they are sold, my husband and I should be debt free within 8-10 months. Insane, isn't it?!
HOWEVER - I lost my job last month, and instead of crying and wailing, my husband's check covered EVERYTHING. Thank goodness for Dave Ramsey and "living below your means"!
(Anyone want to buy a garage kept 2006 Sierra SL 1500 with only 13,500 miles on it?) VBG
2007-10-17 14:15:48 · answer #3 · answered by frissy 3 · 0⤊ 0⤋
What makes you think of the government or banks opt to unravel the "difficulty" - bills shop human beings working and places a point of administration over them. If i did no longer have credit taking part in cards i does no longer have achieved 0.5 the roles I even have. The banks choose the means over you and that they choose your "custom" for as long as conceivable - thats why you're charged in case you repay a private loan or own loan early. it relatively is short term economic earnings for the banks (because of the fact ultimately human beings will could exchange their lives and spend much less) and the government has a inhabitants that's fiscally enslaved.
2016-10-04 01:29:21 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Roughly $25,000 in debt. I took out a HELOC to finance my sons!
Yes, my assets outweigh my debts.
(I know, fun questions; it is interesting to see how the answers match what they keep saying in the TV news!)
2007-10-17 14:22:15 · answer #5 · answered by Nothingusefullearnedinschool 7 · 0⤊ 0⤋
We make $40k a year and have $100,000 in debt. Yes, we are filing bankruptcy. We lost a business a little over a year ago and had several thousands in medical bills.
2007-10-17 14:15:14 · answer #6 · answered by Luvbuz01 5 · 0⤊ 0⤋
I have a student loan I'm paying on with about $4,000, $1,000 in furniture debt (for my new apartment), and a credit card I pay off every month.
2007-10-17 15:38:57 · answer #7 · answered by Bob Smith 5 · 0⤊ 0⤋
I have no debt right now. I pay off all my bills and only spend on my credit card what I can pay.
Everything else is paid for.
Now, if I buy a new car...ACK!
2007-10-17 14:07:42 · answer #8 · answered by CherryCheri 7 · 0⤊ 0⤋
The only debt I have is my mortgage, and I made sure the payments are less than half of my average paycheck.
2007-10-17 14:08:00 · answer #9 · answered by AbnerStinqort 2 · 0⤊ 0⤋
i own stock in a vacation club. we have 6000 dollars left on it. we don't have any credit cards or car payments and no house payments. one day there will be a house payment i'm sure. my husband and i don't plan to rent forever. and we plan to never have a credit card ever ever. and so far since we got together, any time we have wanted a new car, we have saved up for it and paid for it in cash.
2007-10-17 14:08:47 · answer #10 · answered by Anonymous · 0⤊ 0⤋