What is the most you have even been in debt?

[SVT Cobra]

I could make a poll...but it would have like 80 options

 

[shortspanishguy]

$14,000

 

[ThePresence]

About 6k.
EDIT: Are you including mortgages/car payments?

 

[Engineer]

$120,000 <---- Mortgage

 

[xSauronx]

8k

 

[SVT Cobra]

Originally posted by: Engineer
$120,000.

ouch school lones for engineer school ??

 

[Taggart]

I've never been in debt.

 

[Sphexi]

About $2.5k or so

 

[RMSistight]

I'm currently at about $5,400. I'm 22 and still in college. This amount is NOT towards school but actual consumer spending. It's not bad cause I pay no interest. I would be in this situation if I didn't visit FW Hot Deals or Anandtech Hot Deals like 7-8 times a day....then again sometimes there ARE deals that can't be missed. I've gotten kick ass items for super low costs.

Like my Minolta PagePro 1350W laser printer for $30 after rebate. Now THAT was a deal.

 

[Engineer]

Originally posted by: Son of a N00b

Originally posted by: Engineer
$120,000.

ouch school lones for engineer school ??

Nah, see corrected post (mortgage)

I only borrowed 15k to go to school on. Pell grants/state grants took care of the rest along with a little scholarship money.

Oh, and that was in 1999. I'll be debt free mid 2006!

 

[acemcmac]

6k on a car loan. I have never had CC debt or morgage debt

 

[TBone48]

295k for mortgage, 7k left on car loan.

 

[Ronstang]

0.00....unless you consider a mortgage on a house. I have never carried a balance on a credit card, made payments on a car, or bought something I could not pay cash for....even my education....and I am 42 years old.

 

[Nocturnal]

About $11k. Right now only around $8k including a car and one CC.

 

[neutralizer]

Never been in debt .

Then again I'm only a college student.

 

[BRObedoza]

15k student loans

 

[Engineer]

Originally posted by: Ronstang
0.00....unless you consider a mortgage on a house. I have never carried a balance on a credit card, made payments on a car, or bought something I could not pay cash for....even my education....and I am 42 years old.

You sir are a man amoung boys!!!

<----- Engineer bows!!!!!!

 

[TBone48]

Originally posted by: Ronstang
0.00....unless you consider a mortgage on a house. I have never carried a balance on a credit card, made payments on a car, or bought something I could not pay cash for....even my education....and I am 42 years old.

You paid cash for those cars in your sig? You're my hero!:shocked::thumbsup:

 

[FeuerFrei]

$12K
car + student loan

 

[Kalbi]

Originally posted by: Ronstang
0.00....unless you consider a mortgage on a house. I have never carried a balance on a credit card, made payments on a car, or bought something I could not pay cash for....even my education....and I am 42 years old.

you sir, are not as smart as you think you are. Try learning principles of finance.

 

[Ronstang]

Originally posted by: TBone48

Originally posted by: Ronstang
0.00....unless you consider a mortgage on a house. I have never carried a balance on a credit card, made payments on a car, or bought something I could not pay cash for....even my education....and I am 42 years old.

You paid cash for those cars? You're my hero!:shocked::thumbsup:

I bought them when they were cheap. I have had the Shelby for 20 years.

 

[K1052]

Either $260 million or $12,000.

 

[jadinolf]

Originally posted by: Son of a N00b
I could make a poll...but it would have like 80 options

Except for houses just a few hundred dollars.

 

[Engineer]

Originally posted by: Kalbi

Originally posted by: Ronstang
0.00....unless you consider a mortgage on a house. I have never carried a balance on a credit card, made payments on a car, or bought something I could not pay cash for....even my education....and I am 42 years old.

you sir, are not as smart as you think you are. Try learning principles of finance.

Just because someone doesn't want to pay finance charges/interest vs investing doesn't mean that he's not a smart man. Who says that he doesn't do both? (I'm assuming you're talking about investing the money and financing vs paying with cash? If not, disregard my comments).

 

[Engineer]

oops...dp!