how much debt do you have to your name?

[LS21]

4k on 0% interest card
3k on student loans, but theres 1.8k in rebates that have not applied (i paid ahead of time)

i can pay that off from my play-stock account but ill just let that sit

 

[GagHalfrunt]

I try to accumulate my debt under a different name. All my assets are in my name.

 

[Evadman]

zip right now. Hopefully 300k in a few months

 

[RichieZ]

couple hundred a month on lease payments, but its up in june.

other than that $0

 

[JohnCU]

$25k car, $23k student loan, $23k credit cards, not worried about the car and student loans (2.9% and 5.5% respectively) and hope to cut the CCs down to 10k by the end of april with tax refund and some upcoming overtime and bonus check.

 

[mwmorph]

House: $100k ($210K if you count interest at 5.5% over 30 years)
College Loans: ~24K ($3xK at whatever the variable rate fir the subsidized loan rate is over 10 years)
No CC and no car loans so I'm lucky I guess.

Too bad I'm 19 and I don't graduate for another 3 years. Thankfully I'll be eligible for in state tuition soon.

 

[technophile82]

none, i dont 'own' a house yet. car has been paid off for a while. paying cc in full each month.

 

[Danman]

25k on both of our cars. I owe about 7k left on my Mazda 3, hoping to get that paid off by next summer. Other than that, that's it. Now comes the fun part for saving for a house.

 

[zoiks]

5.6k on my car.

 

[coldmeat]

11k from OSAP and it's just my first year.

 

[maziwanka]

a whole shit ton due to law school

 

[jagec]

Originally posted by: InflatableBuddha
Zero. School and my car are paid for, and I rent, so no mortgage right now.

Planning to blow a fair chunk of my savings traveling in Europe later in the Spring though, but I want to do that while I'm still young - going to be an awesome time!

Did that...no regrets. Have a blast! Don't be afraid to head east and hit the Czech Republic, Hungary, Poland etc.

 

[tidehigh]

46k in student loans.
6k car loan.

 

[nageov3t]

Originally posted by: oboeguy

Originally posted by: vrbaba
Too many people with CC debt, its amazing how they manage to spend more than they can afford. Putting a necessity on a CC and paying it over time, or student loans, or mortgage or car loan seems normal. But just spending without limits is beyond me.

No kidding! And the OP... you'd rather pay a stupid tax on your investment than pay off a high interest CC? You're crazy. Seriously, unless your investment return is higher than your CC interest rate, you're being really, really dumb. That brings up another point: not all debt is not bad. Big banks know this. Ever heard of leverage?

it's symbolic, really.

I just feel like as long as my grad school money remains untouched (except for adding to it), it means that I'm still commited to going back to college.

I don't normally walk around with this big of a balance on my CC, but I completely furnished my living room in december and didn't finance any of it (they knocked $300 off my total price if I agreed to pay it off in full), so I charged all of my christmas expenses to my credit card and only paid $250 on it for december and january.

I wrote the check for my furniture last week, so I'll probably pay off my CC on Feb. 15th with my first paycheck in February (figuring my Jan. 30th check will go towards rent, utilities, etc)

 

[Kirby]

Originally posted by: shinerburke
$0

 

[JulesMaximus]

Including my house? About $220k.

 

[Journer]

~40k...student loans :'( i havent even graduated yet >_<!

 

[gramboh]

$150k on a mortgage, but the property value has doubled such that if I sold today I'd walk with $125k equity. I pay my CC's fully every month since I got them at 18. I was lucky in that my parents paid for my tuition (and I lived at home) so I have no student debt (something I am extremely grateful for and a gift I will probably give my children, as long as they can understand the value). I lived without a car for 2 years after moving out while I saved up cash for one. I don't understand taking out $20-30k in debt for a luxury good that has a rapid depreciation curve (though that is hypocritical given what I spent on computer parts last spring).

 

[Jumpem]

Between the mortgage, car, student loans, and credit cards $220k.

 

[Fraggable]

around 18K, all my car. Paid my associates' as I went, work will pay for my Bachelor's. no house yet, give me 2 years and I'll be another $70K or so down for one of those.

 

[OrganizedChaos]

Current Balance - $181.14

 

[Gunslinger08]

Was about $50-55k two years ago (student loans and car). Now it's about $15k. This will soon go up by several hundred thousand when I buy a house.