Post # 107
None. I got the habit from my dad to never get myself in debt. I pay off all credit card bills the month I incur them (actually I use credit cards just for points) , been driving the same car for 7 years (when I buy a new one it’ll be with cash), and if I don’t have enough money in my checking to cover a purchase I don’t do it. The only thing I’ll have to go into debt for is possibly mortgage on a house, and even that thought makes me uncomfortable so I’m still a renter.
Post # 108
Gosh I felt bad about $2500 in student loans..I have the following debt:
2,500 student loan
1,500 credit card
100 I owe bank for loan
35 on another credit card
200 credit card
That is just for me though. We don’t live together yet, yep, we’re one of those couples who are waiting until marriage before living together. My man just has a few thousand on his car. I want to say about 5,000-7,000 roughly.
So debt going into marriage:
about 12,000 bucks let’s say. Really not too bad I suppose. I have been not getting into any credit card debt as much as possible. I cancelled my card with the high balance as well as my one with the 200 bucks on there. Don’t get fooled with credit cards, they are out to screw ya, seriously. Don’t buy the hype, you will not get a good deal or points that amount to squat. They will get a great deal though. Avoid HSBC SEARS MASTERCARD. They screw you. Big time. I start paying off my debt and I see a 60 dollar charge on there. It was some kind of fee for having the card. No wonder I couldn’t pay it off. I cancelled it as soon as I saw that bs. Another piece of advice, if you don’t need it, don’t get it. I do have a Macy’s card, that has a 0 balance right now, thank the Lord. I never got too carried away with that one..probably cause I know I could..and so I always have a very small balance on that one! I got the SEARS one cause I needed a freakin air purifier cause of these horrible wildfires we were having..it became hard to breathe. the house would be filled with smoke. It was a must buy I think at the time. But I have been paying it off for a couple years now! Avoid debt if you can..it’s not worth it. Student loans are pretty much going to happen if you are a student..so. Avoid credit cards though..really!
Post # 109
I have no debt. But, when I get married, I will be paying off my fiance’s student loans. (which is very little)
I was very fortunate because I received a scholarship (for simply maintaining a GPA of at least 3.2 in high school) and a Grant in Aid because my dad is employed by the school. So, I did not pay anything for my BA degree.
I have never personally loaned money. My dad loaned some money for my car, and I paid him for half of it.
Post # 110
well i wouldnt have debts if i didnt get married to husband….but it is a LOTTTTTT!!!!!!! law school man, kills you!