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Me: Mortgage $100,000.00; Credit Card Debts $2,000. No car payments. Child Support- Lots of $$$$$$

2007-12-16 09:10:50 · 9 answers · asked by afreeman20035252 5 in Business & Finance Personal Finance

9 answers

Just a house. My wife and I are 22 and recently paid off over 20K in about 7 months. We are now working on saving/investing hard and getting the house paid off early.

2007-12-16 09:28:59 · answer #1 · answered by Anonymous · 1 0

Me too..

No debt. Cars paid with cash (2 BMWs) with money I saved after buying my last car (reverse car payment-make payments to myself until I'm ready to buy the car). Mortgage paid off 3 years early.

I do have about $4,000 in credit card debt from Christmas gifts, but I'll pay them in full before they are due.

No debt lets you sleep at night..

Good Luck
ED

2007-12-16 21:48:23 · answer #2 · answered by edco 5 · 0 0

I'm a bout 9k in the hole. Alot of it is from medical and from when I had my own business. I used to profits to live on instead of paying back my debt then I started working for a company and sold the business so I would have insurance. Now i'm having troubles getting out of debt, but my goal is by Christmas next year to be debt free.

2007-12-17 11:44:57 · answer #3 · answered by jt6341 3 · 0 0

Nothing I can't handle. House mortgage paid off altogether. 24,000 euro left owing for farm purchase. Credit card for this month 58 euro. Will pay that this week. Nothing else.

2007-12-16 17:22:37 · answer #4 · answered by bluebell 7 · 0 0

zero: suggest you get the child support caught!!!

2007-12-24 08:47:48 · answer #5 · answered by mister ed 7 · 0 0

none now but i got my whole life ahead of me haha

2007-12-16 18:52:43 · answer #6 · answered by kayleigh913 2 · 0 0

I don't have any debt. :)

2007-12-16 19:07:09 · answer #7 · answered by Anonymous · 0 0

i have no debts.
im carefree.

2007-12-16 18:11:21 · answer #8 · answered by Anonymous · 0 0

50K

2007-12-16 17:40:11 · answer #9 · answered by Anonymous · 0 0

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