How much debt do you have?

[Violent HJ]

Credit Cards - $3000
Home Loan - $158,000

Don't buy a house.

[ThE GodDamN BattletweeteR]

104,000.00 or so, i am anticipating the apocalypse to wipe my debt clean in 2012.

[the motherfucking d-i-e]

once i finish school i will owe $11,000 in school loans.... but for now i'm not thinking about it.

[Whee of the Dead]

$4,500

[Chevalier Mal Fet]

$1K on the credit card, $10K on the new car. Hope to pay off the former this year, then start taking down the car payments in bigger chunks. Hate being in debt.

[barfingawesome]

4500 credit card debt
7000 car loan

I havent used the card since 09' and I dont plan on using it again. Hopefully it will be paid off within a year or two.

[CHUFFED beyond necropsy]

i've owed the city water bureau about $350 for about five years now. Guess i should get around to paying that one of these days.
Little under $300 on a credit card.
$500 or so left on my TV, but it was on a "no interest for 12 months deal", so i'm not worried.

[death by snoo snoo]

None, unless you count the credit cards I defaulted on. They stopped calling after one of the collections agencies sued me and the judge ruled in my favor.

[ThePhillyExperiment]

10000 in student loans
6000 in car payments

but, I've got like 10000 in rainy day money and a shit load in retirement so I don't fucking know

[Introvert]

i've owed the city water bureau about $350 for about five years now. Guess i should get around to paying that one of these days.
Little under $300 on a credit card.
$500 or so left on my TV, but it was on a "no interest for 12 months deal", so i'm not worried.

Dude, how do you even have a balance with the city over water?? They are fucking cutthroat when it comes to the water bill. Although when I first moved to town they conveniently forgot to send me a bill for over 2 years and I ended up with a water bill of over $2k. Somehow I got it paid off within a year without much help from any roomates.

I just paid off my TV! Mine was a 24 month-no interest thingy so I got it right down to the last bill but I'm happy now.

I have a few credit cards that add up to maybe $300 which will be gone in the next month or so.

I have a couple personal loans that I pay an extra $100 on each month that aren't going away anytime soon....

[milkmandan]

About 16k in Student Loans

[CHUFFED beyond necropsy]

i've owed the city water bureau about $350 for about five years now. Guess i should get around to paying that one of these days.
Little under $300 on a credit card.
$500 or so left on my TV, but it was on a "no interest for 12 months deal", so i'm not worried.

Dude, how do you even have a balance with the city over water?? They are fucking cutthroat when it comes to the water bill. Although when I first moved to town they conveniently forgot to send me a bill for over 2 years and I ended up with a water bill of over $2k. Somehow I got it paid off within a year without much help from any roomates.

i had a balance left over from my old house (that one on Kerby) where most of my roommates at the time disappeared. Haven't had a water bill in my name since. Ha. Actually, i'm pretty sure it's with a collection agency now, but i don't think i've ever actually heard from them. It is on my credit report, though. Oh well.

Actually, the water bill at my current house is in the name of an old roommate who moved out over two years ago. He never bothered to get the bill changed over to someone else. We still pay it, though.

[Gookstorm]

Credit Cards - $3000
Home Loan - $158,000

Don't buy a house.

...at the top of the biggest real estate bubble in human history next to early 90s Tokyo, Japan and 1928 United States:

May 2007 - closed on condo for $320k
Feb 2010 - offer for $175k

I win the thread

They stopped calling after one of the collections agencies sued me and the judge ruled in my favor.

Congrats on costing other credit card users and merchants more. Granted, I'm not that much better because hopefully I'll have $278k wiped out myself thanks to US taxpayers, but dammit I swear it's better in the long run to forgive that debt than to saddle me with it for the greater good of the economy.

and leave me with 500K give or take

Umm... if you're going to take out a mortgage of that order of magnitude, I sure hope you make at least $150k / yr as a household. Granted, given what I've read of your posts, you could probably sell off your records and pay off that mortgage about 28 years ahead of the amortization schedule.

[death by snoo snoo]

They stopped calling after one of the collections agencies sued me and the judge ruled in my favor.

Congrats on costing other credit card users and merchants more. Granted, I'm not that much better because hopefully I'll have $278k wiped out myself thanks to US taxpayers, but dammit I swear it's better in the long run to forgive that debt than to saddle me with it for the greater good of the economy.

It was less than 5 grand and I had a drug habit to kick.

You paid over 300 grand for a condo? Isn't that kind of lollable in itself?

[zzzzzzzz]

roughly $1500 in medical bills last decade, its amazing how many stems of the hospital forget their bills compared to how many follow through on their threats of collecting, pretty low I must say

[The Pope of Chili Town]

$91k left on my house. Will have that paid off in 3 years. Otherwise, no debt at all. I made the CC mistake when I was younger and will never do it again.

If you cant pay cash for your shit, you dont need it. This includes cars.

[Necrometer]

$91k left on my house. Will have that paid off in 3 years.

That's awesome.

[zzzzzzzz]

owning a house is slavery, best to make friends with such fools and move place to place

[The Pope of Chili Town]

fuck yeah bro! Fight the system!

[altars of radness]

Couple hundred bucks on my Visa. Leftover emergency funds from Thailand.

[adie]

ugh. like 35,000. mostly school loans. cant wait to see that debt grow exponentially after grad school

[Krieg]

Only the mortgage from the house we live, but it is setup in a way that the payments are lower than renting the house.

[Pooeyegg]

$0

[Gookstorm]

You paid over 300 grand for a condo? Isn't that kind of lollable in itself?

I didn't think it was reasonable being the bargain-conscious guy I am, but I partially felt that Seattle was going to wind up like San Francisco where even now a 300 sqft condo can go for $350k, and the rent for comparable units was in the ballpark. I didn't want to wind up having to buy some shitty 500 sqft condo down the road instead of the 1000 2bedroom sqft I got. I made good money but I was falling behind the Microsoft and Google guys too much.

$1 million for a "starter" Manhattan condo is ridiculous, but it's held fairly steady as a median "home" inflation-adjusted for several decades. You could have bought one for $100k back in the 70s and it'd be like $1.2 million now.

[monsterod]

Most home loans shouldn't count here. Even if you owe way more than it's worth, who knows where things will be in 10 years. At some point, you can reasonably ditch it.

I'm, I dunno, 20k deep in student loans? Probably be in 80k when I'm done.