What my Grandma told me after my Grandfather passed - you'll be in some kind of debt the rest of your life. That's ok. Don't let it stop you from enjoying your life or from doing things that you want to do. She was referring to my credit card debt. 'You'll always have that. You'll pay it off, and then have it again. Make payments- as large as you can, but don't worry about getting to 0 and staying there. You will never stay there. Things come up.'
I used to really stress about my bills and debt, but her advice has really stuck with me. Thanks grammie!
But seriously, the debt. Myself and my husband's school loans, his car loan, some medical, and our credit card.
We have one credit card through our bank. Will not get any others- too dangerous for a the shoppaholic inside me!
Our goal is to be debt free (besides mortgage) by 30. We just turned 27. I always stress about our debt but see that some people have it a lot worse.
We have:
His car payment-12 grand left (2 years left on loan)
His student loan-6 grand
My student loan- 4 grand
Credit cards- 4 grand
We've been working really hard to get the credit card debt paid down first. Really regret ever getting them! It is tough though when our daycare payment is more than our mortgage.
Nothing
I have a car but I get a car allowance from work so that pays that- ( I also think our car loans work differently in the uk)
We use credit cards for everything then pay off in full each month as we get points for using them and then we convert the points to holiday vouchers ?
We have two mortgages but one house is a rental so that actually provides a little income because we rent it for more than the mortgage.
Thank goodness for scholarships because both hubby and I have degrees and no student loan debt.
All we have is my car which will be paid off this year, so maybe a few thousand, but we have enough in savings to pay it off now if we wanted to.
30k between both my cars, ring, and medical. 25 of it is just my cars. My car got totalled so 15k for my Jeep and dhs took a shat 10k for his. We have never owned newer cars and always cheap ones we payed up front for. Got tired of the "is it going to break down game". I hate having payments but together monthly we pay $388 for both. Use to 530 together till we refinanced the jeep. The $390 payments where killing us. Other then that we really don't have anything else.
I'll be paying student loans til I die. I have about $45k left. I have a MasterCard with about $500 balance and an ULTA card with like $100 balance. I have other store cards like khols and Macy's but I haven't used them recently. Thankfully my car is paid off and my name will be off this mortgage soon.
1,000 on my credit card since I pay everything with it, it SO makes payments on it every month since I'm not working at the moment, he has a few credit cards that he owes 1,000 on all together and then he owes 20,000 on my car, he's awesome and works really hard to have us living a good life.
We have three vehicles. All paid off. Will be buying another new one soon. So that’ll be a debt accrued.
I have 434.28 left in educational debt! I’m freaking stoked lol.
& about 12,000 in medical currently because the hospital didn’t bill the correct insurance so I’m fighting with them to clear it??♀️
We've paid off our car, and a credit card, and both of our student loans. We have a relatively small balance on a credit card we're using. You said our mortgage doesn't count, so I guess that's it for debt. Thank God we don't have to pay for medical care ? otherwise, we'd all be living in a van down by the river.
140,000.00 yay us lol