Subscribe to:
Post Comments (Atom)
skip to main |
skip to sidebar
This is an experiment to see how honest people can be if they don't have to identify themselves. Some silly, some deep, but all require honesty.
Read this first.
Have a burning question?
Most of these questions are now submitted. Please feel free to submit your question and see how others feel. Email me here with a subject line of "Anonymous Truth"
Most spirited questions
counter
Blog Archive
-
▼
2009
(261)
-
▼
January
(22)
- Reader Rally
- In your opinion, where is the best place to live i...
- If you could trade lives (for just a few days) wit...
- If you could have had any role in any movie, what ...
- In light of recent comments on this blog, would yo...
- Reader Rally
- How would you describe the behavior of your friend...
- Have you ever received anonymous gifts? What were ...
- What is your opinion of President Bush as he leave...
- Do you know the details of what your spouse does a...
- Reader Rally
- How have you tried to make your parents happy?
- What is your guilty pleasure? Something you know i...
- What constitutes an affair or cheating?
- Should homosexuals be allowed in the military?
- Reader Rally
- How is this year going to be different for you?
- If you could somehow travel back in time and meet ...
- What do you want to say...confess....get off your ...
- If money were no object....
- Reader Rally
- How old were you when you knew what you wanted to be?
-
▼
January
(22)
32 comments:
How much debt do you have and how are you doing overall finacially?
Besides the mortgage, less than 5k in student loans is our only debt. Overall, I think we are doing okay, we live within our means, we are trying to get the debt paid in the next few months, we give 10%, save over 10% for retirement and are saving a little each month for children's college.
bad bad bad irs, credit cards 2 cars mortgage just got the electric bill, 368! and we try to be careful. gulp.
Well, we have a pretty good income, but our debt is around $35,000(mostly student loans, and a very small amount of credit.) It worries me to death. I want to get it paid off SOON. We also did not put any down payment on our house, so our mtg payment is kind of high. (Not more than we can afford, just more than I would like to pay, because I'm cheap.) We don't use credit cards anymore, and we are living within our means, but that debt just feels like a huge weight hanging over my head.
I'm blessed to say I have 0 debt. Of course, I'm still in my 20s but I'm taking this time to save every penny. My friends say I'm cheap, but I think I'm wise. They spend money like there's no tomorrow, and I save and spend wisely.
We have about $10k in student loans and maybe around $5k in credit card debt. We used to have zero in credit card debt up until about a year ago, when my husband's job became very unstable and he wasn't bringing in any income. We both work and we both also are very careful about spending money, so I think we are okay financially. I would just like to be able to live a little bit more and enjoy money rather than fear spending it.
I don't count the students loans. They are at about 40-50k.
Then there is about $16,000 in credit card debt.
we have 50k in student loans. it is a huge burden and i kind of resent the in-laws for not helping to pay for my hubsbands education, especially when they have the means. they are enjoying thier money right now and we are drowning.
$25K in Student Loans
$6K in 1 Credit Card
$5K in Store Credit
$4K in small Loan
$1K at Lowes
We are still doing good, we make the payments and are working the Dave Ramsey Plan. With our income we should be able to pay all of this off in 2-3 years.
I have about 3k left on my school loan.
We have about 7k in credit card debt.
I hate it, but I don't feel like it's that terrible, considering.
Besides the mortgage we have ZERO DEBT!!! My husband is so awesome and worked hard to get us where we are. We have no credit cards. We bought a brand new car a few years ago and paid it off in a year and a half. I'm so proud of how he manages our money.
We are in a good situation. We have NO DEBT besides our house and our mortgage is on a 15 year note.
We are able to give 10% each week to GOD and we have 10% of my husband's income going to his 401K.
Debt - $1500 left on one car, $1200 in car repairs for the car that is paid for, $2000 for house repairs, $1000 to Doctors, $59,000 on our house...NO credit cards.
ready to be debt free again in Jesus' name.
If you are needing to get out of debt you might consider sowing a seed by paying towards someone else's debt. Give and it shall be given unto you, good measure, pressed down, shaken together, running over. For with the measure you give it will be given back to you.
While I agree that we should give generously and that God will bless our generosity richly, I don't necessarily agree with that last post.
I think the act of giving just to get more negates the blessing that follows giving. And scripture doesn't tell us that God will bless us financially when we are generous. Perhaps He blesses us with contentment, discernment and wise council.
it's not giving to get more. it is giving to HELP others...even though you may need it too.
If you only knew how much sowing seed into others has blessed our family - you would try it too.
blessed life by robert morris says it all
So does The Blessing by Kenneth Copeland.
And The God of the Breakthough is Visiting my House by Jerry Savelle
So, a follow up question might be... what does everybody make annually in relationship to their total debt? Do you feel that your family/friends treats you differently because of that income?
We make 76K a year and our total debt w/o the house is 35K.
We make about 42K and are debt free. :)
We worked hard to pay off our school loans and vehicles. Somehow even with the debt paid off, I don't feel like we have much extra cash flow.
I was poster #2 and to answer the follow up question, we make $85k a year with 5k (except for house) debt.
Do both the husband and wife work?
I said this above (I don't know which number it was)
****************
We are in a good situation. We have NO DEBT besides our house and our mortgage is on a 15 year note.
We are able to give 10% each week to GOD and we have 10% of my husband's income going to his 401K.
****************
My husband makes 75K a year and I am a stay at home mom.
We make $29K per year. I work two days and my husband works full time. I think that people would be really surprised if they knew what little we make. Total debt w/o house is $6K.
God really blesses us as we honor Him. We have never lacked. We only recently (last year)accrued our debt- for home improvements and car repair.
My husband and I both work full time and together make about 60k. We have only the mortgage as our debt. We have credit cards but pay them off monthly and only use them so we get mileage points and other rewards. We give about 10% as well.
About 8.5K in student loans and 16K in credit card debt...but have been really disaplined about paying that off. Trying to keep up with everyone else proved to be a very unwise move.
We have a mortgage and student loans. And we have a balance on our credit card that we are paying off asap. We've both a healthy fear of credit cards and really do not use them except for previously decided purchases and when we buy gas. We've seen debt destroy family members and are really cautious about how we use it. But we are just now buckling down in order to save for retirement and invest in stock. It's frustrating that we haven't done better for our future but I know it will feel good when we start seeing our balance of our savings account increase.
58K and no debt.
60K in school loans (argh!)
Mortgage, but rapidly wittling this away! Should have it paid off in 2-3 years! Yippee!
Everything else is paid off
73 k in student loans, 13k cc, 1k on car, and 1k in Dr. bills...and the mortgage, we both work and bring home 74k per year.
We do not use CC anymore, in fact they are all closed. This year we paid cash for all of our Christmas, that was a victory. We are slowly paying off these smaller debts. The school loan is a huge burden. We have done Financial Peace, but could use a refresher!
We started saving every penny at age 18 and now, only 7 years later, we have NO DEBT, a 6,000 sq ft home and nice vehicles. Nice-Not New! It feels like all our friends want to keep up and don't understand that you have to actually work to get there!
It seems like alot of writers have student loan debt! WOW!
Also.. My husband and I own our own business making around $37k, I stay at home and work from there. It really works out perfect!
Post a Comment