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How Much Debt Do You Have?

Posted: Mon Apr 11, 2011 5:03 pm
by Lon
We can be discrete and private by simply posting what percentage of your annual income is debt. If you are buying a home for example you might have 300%. If you rent and have just credit card debt etc. it could be 30%.

How Much Debt Do You Have?

Posted: Mon Apr 11, 2011 6:53 pm
by spot
What puzzles me is that people strive to increase the amount they may have lent to them. That seems utter madness but it does appear to be common.

How Much Debt Do You Have?

Posted: Mon Apr 11, 2011 7:06 pm
by Lon
spot;1357472 wrote: What puzzles me is that people strive to increase the amount they may have lent to them. That seems utter madness but it does appear to be common.


It is madness but some seem to delight in the amount they are able to borrow.

How Much Debt Do You Have?

Posted: Mon Apr 11, 2011 7:08 pm
by Accountable
We're Debt-Free!!

House and cars completely paid-for, Credit card paid off every month. I owe it all to my beloved. I don't think either of us could exercise such fiscal discipline alone, but together we are able to live quite well.

How Much Debt Do You Have?

Posted: Mon Apr 11, 2011 7:12 pm
by Lon
Accountable;1357475 wrote: We're Debt-Free!!

House and cars completely paid-for, Credit card paid off every month. I owe it all to my beloved. I don't think either of us could exercise such fiscal discipline alone, but together we are able to live quite well.


Congrats Accountable---I would expect this from older folks and not your age group. You are truly unique in this day and age. BTW--I'm just assuming that you have not reached Senior Cit status.

How Much Debt Do You Have?

Posted: Mon Apr 11, 2011 7:21 pm
by spot
He's a babe in arms, Lon.

You can put me down for 0% too.

How Much Debt Do You Have?

Posted: Mon Apr 11, 2011 7:25 pm
by Accountable
Lon;1357477 wrote: Congrats Accountable---I would expect this from older folks and not your age group. You are truly unique in this day and age. BTW--I'm just assuming that you have not reached Senior Cit status.
Thanks. The Big Five-O is coming this June.

How Much Debt Do You Have?

Posted: Mon Apr 11, 2011 7:44 pm
by Lon
Accountable;1357482 wrote: Thanks. The Big Five-O is coming this June.


I'll join Spot and Accountable----------I have no debt other than a Credit Card that is paid off each month.

How Much Debt Do You Have?

Posted: Tue Apr 12, 2011 3:45 am
by Helen
the only debt i have is our damned english council tax !!! this however is not down to me, its the fault of our local council who seem to take months sorting out the countless forms they send you to fill in and replying to me !!!!

How Much Debt Do You Have?

Posted: Tue Apr 12, 2011 9:38 am
by Odie
Helen;1357504 wrote: the only debt i have is our damned english council tax !!! this however is not down to me, its the fault of our local council who seem to take months sorting out the countless forms they send you to fill in and replying to me !!!!


what kind of tax's take filing out forms Helen?