Post # 107
I only have a little less than 3,000 dollars in school loans left to pay off but I have more money than that in savings so technically I’m debt-free. Once I completely pay them off I’ll really be debt free but I’m planning to go back to school after I pay them off so I’ll most likely end up with more loans.
Post # 108
@hunni8unni: WOW 126k him alone?! That is insane!
@kat2014: Its great that you are debt free! Nothing to worry about 🙂
@Waterfall: ay only if school could get paid for you, you wouldnt have to worry about those loans again! If only, if only. At least you are almost done with this one!
@Rouquine: Almost there! 🙂
Post # 109
We’ve not got proper debt – SO has a mortgage and I have my student loan
Post # 110
I’ve got $8000 left in student loans and could easily have paid them off many times over but with the interest rate on them so low, it doesn’t make sense to spend that money right now. The interest rate on the loan is about 2% and our savings account is currently getting 6.5% (gotta love Australia’s booming economy!) so I’d rather keep the money in my savings and just throw a few hundred dollars at my loans each month. Darling Husband doesn’t have any debt so it’s not a huge deal to have my student loan… especially knowing we could pay it off in full at any time without any stress.
Everything else we pay off in full straightaway – credit cards, cars, major purchases etc.
Post # 111
We have a fairly small mortgage on our home and school loans for both of our professional degrees. So, a lot.
Post # 112
Just under 40k… all of which is from student loans… we graduated five years ago .
Post # 113
5k in student loans. 10K or so on my car (we own his, mine broke down so we had to replace). And a whopping $300.00 on my credit card. I consider student/car/house loans to be typical debt and part of life, but we are VERY wary of credit debt so while I try to use them to build up credit, we pay them off quickly.
Post # 114
200K. But that’s a mortgage, which I don’t really look at as bad debt.
Post # 115
@Ree723: sounds pretty smart! 🙂
@GeorgiaTeacup: ay looks like its going to take a while to go away! No good! :/
@claireos: I dont think thats bad debt either because thats something everything has to go through eventually, well those ready to buy a home anyway.