Credit Card debt

D

Davor

Joined
Mar 10, 2010
Messages
669
I thought about buying a new knife, but until I pay off my credit card debt, it won't happen. How much do you owe? I owe $4,000. I hope to get it paid off in 2 months.:o
 
No CC debt, but I do have 14k student loan debts. I hope to pay this off in 10 months or so.
 
Considering Americas average debt per household I don't know how willing people are going to be answering this question...

2 months isn't bad!
Good luck and let us know about that new knife! ;]
 
2100 I think... mostly due to my wife's bout with Oxycontin addiction. :(
 
Got rid of all my credit cards years ago. :D

I just save up and pay cash for what I want. :)
 
Ankerson said:
Got rid of all my credit cards years ago. :D

I just save up and pay cash for what I want. :)
Click to expand...



Amen brother. Shredded my CC and wife's CC last year. all debit card or cash. It was a hard adjustment, but now that we managed what a relief to be this way.

Now my parents, God help them. CC are like lottery tickets in their mind:grumpy:
 
No debt, never had any. Of course I didn't go to college and I don't have a credit card anymore.
 
Davor said:
How much do you owe?
Click to expand...
Not one thin dime, though I use my cards all the time. They get paid off in full every month.

It was pretty obvious by late 2005/early 2006 that this big ugly recession was inevitable, so all during 2006 I pounded away at my debts (had a LOT of credit card debt) until I was completely debt-free. It was painful at the time - basically voluntarily garnishing my own wages, but it turned out to be the best move I ever made!
 
I haven't spent over $130 on a blade even though I could easily buy a high end one. It's worth it for those who are passionate about knives and make much more $$$ than me, but I just don't like throwing around lots of cash when the economy is as rough as it is. I would rather save a nice chunk of change each month than spend all my discretionary income and having nothing to show for it years later. I was very fortunate to have financial help from my family when I needed it years ago, and I remember my good fortune by never squandering.
 
$4000..HAHA, thats mere childs play.. Try $36,000... Thats what mine WAS... Now its ZERO.... It is a great relief, NO DOUBT...
 
$954.70

And it's not going any higher. I realize that I don't need the stuff I spent it on and shredded the thing.
 
Dec. and they will paid off and we'll just owe on our house and this is with a son in college and 2 others done. So that is good. keepem sharp
 
Between my wife and me we have no CC debt, we only have one CC for the two of us. We do have two car payments though but my truck will be paid off in a few months. Two years left for my wifes new Focus.

I don't really understand how people get into so much trouble with thier finances. We are a military family overseas and my wife's only an Air Force SSgt, I work part time driving people to the airport and we have a new baby. All that and our savings still grows every month. I know people that make way more money than us than us but are using food stamps. Quit buying so much stupid sh**! I don't really have any simpathy for people like that. We're all grown ups here, time to start acting like it.
 
Mrs. Powernoodle and I are debt free. No mortgage, no cc, no car payments, no nothing. Paid off house, '08 Honda and '09 Suburban. Good stuff. We aren't (financially) rich. We just buy stuff when we can afford it. Like the FFG Blue Delica that I ordered today. :thumbup:
 
Something around 40k in student loans. Which isn't too bad considering I got a BA, and am about get my MA.

Looks like my Phd is going to take about 5 years to complete, but I'm getting paid to go to school for that. So it looks like I won't actually be able to start substantially paying it off for another 5 years.

But I'm young, even for my degrees, so I figure I have plenty of time. Should even get it all paid off before I'm 30.
 
I burned all my credit cards back in the 90's. Everything I have is paid for, and I like it that way.
 
A little under $3k. The card is cancelled, and I'm back to cash/debit only, and it's my only debt besides my mortgage.
 
Plenty of debt, although now my wife and I are on a strict budget and paying it down well. Credit cards are like quicksand!

- Mark
 
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