(Closed) NWR: How in DEBT are you?

posted 9 years ago in Money
  • poll: How in DEBT are you?
    0$ - $1,000 : (65 votes)
    24 %
    $1,000 - $5,000 : (35 votes)
    13 %
    $5,000 - $10,000 : (32 votes)
    12 %
    $10, 000 - $15,000 : (20 votes)
    7 %
    $15,000 - $20,000 : (17 votes)
    6 %
    $20,000 - $25,000 : (12 votes)
    4 %
    $25,000 - $30,000 : (10 votes)
    4 %
    $30,000 - $35,000 : (7 votes)
    3 %
    $35,000 - $40,000 : (11 votes)
    4 %
  • Post # 17
    Member
    2870 posts
    Sugar bee
    • Wedding: March 2011

    damn you student loans >.<

    Post # 18
    Member
    593 posts
    Busy bee
    • Wedding: May 2010

    @One2-Three4: I seriously hate when life happens. My car just failed on me last night and I’m still waiting to hear back from the mechanic about the cost. I’ll be carrying a balance this month for sure. I also have $5,250 out on my “school” credit card. I have to wait until late January to be reimbursed by my company for it. Even though it’s a 0% APR and I know I will get the money back eventually, it still panicks me to have a big balance hanging out there.

    Husband and I had been together debt free for seven years and we just fell into a little bit of “shit happens” debt over the past year. We’ve got a plan to get out…I just wish it could happen overnight!

    Post # 19
    Member
    1560 posts
    Bumble bee
    • Wedding: June 2010

    oops. shoulda read that that included our cars and student loans…i didn’t realize that!

    yeah – debt sucks. i’d LOVE to be in the “we don’t have ANY debt” club…but we’re not. we ARE however working on cutting it down. our CC debt SHOULD be paid off within the next 12 months!

    our cars and my student loans, however…i don’t really count that in our debt – because those are considered “good debt” but it does suck that our cars are at (between both) around $12k that we owe – and my student loans are DOWN from over $42K that I owed when I graduated 7 years ago to only $34K! but i’m SO happy I got in a GREAT deal with my loans, i’m locked in with my rate and currently my two loans, one is $215/month and the other is only $65

    honestly – as much as I hate paying our credit card bills (not admitting how much) – when it comes to our cars and student loans, I really don’t think of those too much. it’s the darned cc bills i can’t WAIT to pay off! just one more year of being “poor”! lol. 😀

    Post # 20
    Member
    8736 posts
    Bumble Beekeeper
    • Wedding: September 2011

    @One2-Three4: I have been lucky in thtat I’ve had a good, steady job since college and no major issues. I did have one large car repair which my Fiance fronted me the money for and I paid back.

    I don’t have nearly as much in savings as Fiance, so if I were to lose my income I’d either have to drastically change my lifestyle or carry some cc debt.

    Post # 21
    Member
    1641 posts
    Bumble bee
    • Wedding: May 2011

    I’ll have student loans to repay until the day I die (graduate degree). :-/

    Post # 22
    Member
    418 posts
    Helper bee
    • Wedding: July 2013

    the results of this poll are kinda crazy- such extremes! i don’t have much debt, but i have absolutely terrible credit. the man has near-perfect credit, but is about $100,000 in debt (most of it is student loans).. i’m not sure which is worse!

    Post # 23
    Member
    1560 posts
    Bumble bee
    • Wedding: June 2010

    can i also add – while “home loans” are NOT included…i’m also ECSTATIC that we have such a cute little 2 bedroom house that we own – bought for only $75,000?! yup – our mortgage (including PMI and insurance and all that…) is ONLY $600 / month!!!! hehe

    Post # 24
    Member
    165 posts
    Blushing bee
    • Wedding: February 2010

    @dovelovesfalcon: I noticed that! Currently 21% are under $1000 but 23% are over $40,000! WOW.

    Post # 26
    Member
    1205 posts
    Bumble bee
    • Wedding: December 2011

    Mine is all student loan debt, accruing currently since I’m getting an MS.  Hopefully it’s an “investment” as well, just a less tangible one than a house!

    Post # 27
    Member
    8736 posts
    Bumble Beekeeper
    • Wedding: September 2011

    @Edina: I know! I pay almost that much just to park my CAR in NYC… let alone what the apartment rent is.

    Post # 28
    Member
    593 posts
    Busy bee
    • Wedding: May 2010

    @KatNYC2011: Haha yup! I’m in Boston so I’m feeling your pain to a slightly lesser degree!

    Post # 29
    Member
    2077 posts
    Buzzing bee
    • Wedding: August 2012

    I personally have no debt right now.  I have paid off all of my debts as of this month (WAHOO!!!), however my car died recently and now I’m going to have to take a loan out for a new (at least new to me!) one.

    My Fiance however has over $40,000 in debt because of student loans.

    Post # 30
    Member
    3176 posts
    Sugar bee
    • Wedding: May 2011

    yeesh, school debt alone puts me well over 40k

    The topic ‘NWR: How in DEBT are you?’ is closed to new replies.

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