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How many folks here are debt free except for mortgage?

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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:28 PM
Original message
How many folks here are debt free except for mortgage?
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notadmblnd Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:29 PM
Response to Original message
1. I have about 2500.00 outside of my mortgage.
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CPschem Donating Member (606 posts) Send PM | Profile | Ignore Wed Oct-15-08 03:29 PM
Response to Original message
2. massive amount of student loans
in addition to the mortgage.
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soulcore Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:30 PM
Response to Original message
3. All my debt drops off in another year or so ;)
Edited on Wed Oct-15-08 03:31 PM by soulcore
Screw the CC companies, they raped me as a teenager and once I got behind they raised my rates, charged me late fees, etc, etc.

I stopped paying or communicating, and the 7 year rule has been slowly taking effect the past year, dropping off old debts one by one.

None of it is owned by the original company anyway, most have been sold so much they don't even have the proper paperwork anymore to prove they really own it.

No mortgage, I'm "fortunate" enough to be a part of America's great renter class!
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mitchtv Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:30 PM
Response to Original message
4. Debt free
including mortgage
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safeinOhio Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:31 PM
Response to Reply #4
7. Me too Mitch
Old fart here.
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movonne Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:43 PM
Response to Reply #7
16. ditto....
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tosh Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 04:05 PM
Response to Reply #4
23. Same here.
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mikita Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 06:36 PM
Response to Reply #4
26. ditto....
saw this coming years ago....
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TheGambit Donating Member (34 posts) Send PM | Profile | Ignore Wed Oct-15-08 03:30 PM
Response to Original message
5. Just School loans
Thats it.
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:31 PM
Response to Original message
6. Thank GOD I am debt free, and house is paid off too!
I'm 65, and it took us a lot of those years of paying to finally get here, but we've managed to become and stay debt free about 10 years ago!
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AnneD Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-19-08 07:27 PM
Response to Reply #6
39. Good for you...
We are down to our last 2 debts-student loan and IRS. We own our place, it is a travel trailer and we rent a lot, but we are now at the point where we are seeing the light at the end of the tunnel. Took us 6 years to get to this point, we had a big hole and a teaspoon to shovel the dirt in. We worked OT, scrimped, and did without. We have been credit card free for 5 years. We want to get a house and once we pay for that we will look forward to retirement.

Hang in there. I wish we could sprint-but I am happy just to cross the finish line. I will not go into debt again-ever.
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schmuls Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:33 PM
Response to Original message
8. I am! Just completed my Chapter 7 bankruptcy one week ago,
had to due to outrageous medical bills. I have money saved (in a secret spot), a good pension plan and I am going to just save until I retire. No more gorillas on -my- back!
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Bobbieo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:35 PM
Response to Reply #8
10. My mortgage is paid off - I owe on a car and hearing aids but am able to make the payments.
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dbonds Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:34 PM
Response to Original message
9. Deft free with no mortgage.
All I have are utility bills.
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monmouth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:36 PM
Response to Original message
11. Debt free, just the rent, phone and DU.....n/t
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BOSSHOG Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:38 PM
Response to Original message
12. 30K on the mortgage is the extent of our debt
I could pay that off but I'm afraid I'd forget to pay property taxes and homeowners insurance. We are just irresponsible evil liberals.
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youthere Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:41 PM
Response to Original message
13. we owe around $2000 still on our student loans and then we are...
with the exception of our mortgage.
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EmeraldCityGrl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:41 PM
Response to Original message
14. Mortgage and commitment to help my son through college.
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REACTIVATED IN CT Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:42 PM
Response to Original message
15. Debt free except for mortgage n/t
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Burma Jones Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:45 PM
Response to Original message
17. I am
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mrih Donating Member (188 posts) Send PM | Profile | Ignore Wed Oct-15-08 03:46 PM
Response to Original message
18. Pretty much debt free
All my wife and I owe is maybe $500 between the 2 of us in credit card debt, and our mortgage, and that's it.
.
.
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lapfog_1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:50 PM
Response to Original message
19. $2700 in a personal debt, paid off in 12 weeks.
On or about Dec 31, 2008.

One more donation to Obama to go, hopefully at least $100.
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phillysuse Donating Member (683 posts) Send PM | Profile | Ignore Wed Oct-15-08 03:50 PM
Response to Original message
20. Just the mortgage and always paid my credit card
bills the month they came. Never had a balance because I didn't want to pay the fees.

However I still managed to lose a lot of my retirement savings in the last month.
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lamp_shade Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:51 PM
Response to Original message
21. Me
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bkkyosemite Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 03:53 PM
Response to Original message
22. I rent, I am on a fixed income and not able to meet even the essential bills.
In debt about $6,000 but it mise well be a million....
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NCarolinawoman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 07:52 AM
Response to Reply #22
34.  :>(
:hug:
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yellowdogintexas Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 04:21 PM
Response to Original message
24. temporarily have some credit card balances due to appliance purchase (0% apr until May)
and some airline travel. should be all paid off in 6 months or less.
And the house note.

However we have to get a new vehicle and that is worrisome.
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shanti Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 06:14 PM
Response to Original message
25. almost
my van will be paid off next may
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NMDemDist2 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 06:53 PM
Response to Original message
27. I'm debt free (including mortgage, I own my home) except for a used car
we bought a couple months ago on a 4.5 year note (hubby wanted to go 5 years, I didn't want to go over 4, we split the difference LOL)
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Nay Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 07:20 PM
Response to Original message
28. Us, us. Mr. Nay and I have always been cheeeeep. Even, and especially,
when we were poor. Now that we are relatively well off, we are still cheap. We hate shopping. I buy a new purse about every 5 years. We buy used cars only. Don't give a crap about fancy clothes.

I do spend money on books, though. :blush:

And we do spend some money each year to vacation 2 weeks in Canada, just to get a breather from living in a RW state.
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Arger68 Donating Member (562 posts) Send PM | Profile | Ignore Wed Oct-15-08 07:43 PM
Response to Original message
29. I was until a couple weeks ago. Had to borrow $9000.00
for medical bills. I might have to borrow another $10,000.00, since the collar bone I broke six months ago hasn't healed yet, and may require surgery.
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 07:49 PM
Response to Reply #29
30. Ouch...sorry to hear.
We are debt free, but no medical insurance.
So far, out of pocket occasional Dr. bills are cheaper than one month insurance premium.

Medicare will kick in next year.
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Arger68 Donating Member (562 posts) Send PM | Profile | Ignore Thu Oct-16-08 09:15 AM
Response to Reply #30
35. I have medical insurance, but it's a very crappy
$10,000 deductible policy. The $9000 I just had to borrow was for surgery I had a year and a half ago (for the life of me I can't figure out why it takes 18 months just to get a bill). I am self employed, and the high deductible insurance is all I can afford right now, $89 a month.
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lostnotforgotten Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 11:01 PM
Response to Original message
31. Only Debt Is The House!
eom
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Tumbulu Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 11:30 PM
Response to Original message
32. dept free; own the farm, the 900 ft 2 house, the tractor, the barn, the irrigation equipment
I have payments on a hybrid civic that is less than the money I save on gas using it and utility bills and property taxes and insurance and food.
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bhikkhu Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 01:10 AM
Response to Original message
33. Not long ago, yes
But then a stint back in college to finish a potentially very useful degree: $17k in student loans.

And then a bit of a shocker from my wife: those credit cards she had for "emergencies": $50 k. Perhaps the fiscal stupidity of the current administration will devalue the dollar to the point that this will be chicken feed.
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Cassandra Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 01:51 PM
Response to Original message
36. Debt free and I rent...
but another increase or two in my health insurance premiums may kill me.
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GliderGuider Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 02:41 PM
Response to Original message
37. With a deflationary depression looming, debt freedom is crucial. I'm debt free and renting.
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PJPhreak Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-16-08 02:46 PM
Response to Original message
38. I owe nothing...But I own Nothing...
Edited on Thu Oct-16-08 02:47 PM by PJPhreak
Of any real value,Lol
1986 Toytoa-Dying but I own it.
Four year old Mt Bike and Trailer
1983 Honda Trail 110.
assorted Hi-tech Camping Gear.
And I rent a Crappy ole house.
Debt Free and Livin Within my means!
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