How much debt do you have? - Page 3 - GM Forum - Buick, Cadillac, Chev, Olds, GMC & Pontiac chat


Lounge For casual talk about things unrelated to General Motors. In other words, off-topic stuff. And anything else that does not fit Section Description.

View Poll Results: How much money do you owe in your life?
$0 -- I have EVERYTHING including car, credit card, etc PAID OFF 15 26.79%
$1-$500 debt -- I have modest debt but nothing serious 7 12.50%
$500-$2000 -- I have minimal debt by todays standards but owe a good chunk 3 5.36%
$2000-$4000 -- I have a good amount of debt to pay off 7 12.50%
$4000-$8000 -- I have the "normal" U.S. national average in regards to overall debt 3 5.36%
$8000-$14000 -- I have a little larger than normal debt load 6 10.71%
$15,000-$25,000 -- I have a fairly high amount of debt that needs to be paid off 7 12.50%
$25,000+ -- I'm f**ked for life 4 7.14%
$25,000+ -- I make at least $50,000 a year so paying this off is no biggie 4 7.14%
Voters: 56. You may not vote on this poll

Closed Thread
 
 
 
Thread Tools Search this Thread
Old 04-16-2008, 11:36 AM   #21
Senior Member
Posts like a Northstar
 
Join Date: Apr 2007
Location: Edinboro, PA
Posts: 567
Thanks: 0
Thanked 0 Times in 0 Posts
jbmark33 is on a distinguished road
Default

Car -- I owe $450, my last payment is this month...

College -- $7,000
jbmark33 is offline  
Old 04-16-2008, 11:59 AM   #22
Senior Member
Posts like a Northstar
 
Join Date: Oct 2004
Location: Purgatory
Posts: 533
Thanks: 0
Thanked 0 Times in 0 Posts
Greyhare is on a distinguished road
Default

$0.00 other than the house.

I try to aviod spending money I don't have.
Greyhare is offline  
Old 04-16-2008, 12:23 PM   #23
Junior Member
 
Join Date: Apr 2006
Location: Purgatory
Posts: 0
Thanks: 0
Thanked 0 Times in 0 Posts
Bonneville92V688 is on a distinguished road
Default

I have ZERO debt.

Of course I am 19... and currently have no job, but no debts. My car was paid for in cash that I earned... and I make my money by doing tune-ups, oil changes, brakes, etc on the side. I do about 2-3 jobs a week, depending.

Living with Dad has its' bonuses, no rent... no utilities, just a cell phone bill.
Bonneville92V688 is offline  
Old 04-16-2008, 12:25 PM   #24
Senior Member
True Car Nut
 
Join Date: Feb 2006
Location: Somewhere different on the globe every month....
Posts: 2,896
Thanks: 0
Thanked 0 Times in 0 Posts
Cheetah is on a distinguished road
Default

I have 5 credit cards - 3 are $0 balance, and one will be canceled on the 22nd. No one needs 5 From the 2 that I do have, I have 11K between the two.

I have a signature loan with $1300 balance, and my 91 Suburban with $1800 balance.

No mortage. The Bonneville and Blazer are paid off

I'm sitting at $14,100. I don't think that is bad, but I do think that for the debt I have, it could have spent the money better!
Cheetah is offline  
Old 04-16-2008, 12:35 PM   #25
Junior Member
 
Join Date: Sep 2002
Posts: 0
Thanks: 0
Thanked 0 Times in 0 Posts
jwakamud is on a distinguished road
Default

$8k; student loans.

$300 on the credit card, which will be paid off next month (finally, it was over $4k, three months ago)
jwakamud is offline  
Old 04-16-2008, 12:46 PM   #26
Senior Member
Certified GM nut
 
Join Date: Jan 2007
Location: allentown, pa--brooklyn, ny
Posts: 1,646
Thanks: 0
Thanked 0 Times in 0 Posts
88bonnsse is on a distinguished road
Default

creditcard #1 - $2046.37

creditcard #2 - $2023.89

i am only 27 yrs young but i was injured and out of work for almost 2 yrs but for the last 5-6 months i been working a decent amount and plan on paying these off before they come after my sweet arse....

i was just trying to survive when times got tough but now i own my very first home and things are going great.. could not ask for more..

well maybe execpt for a black 95 series II supercharged bonneville..

then my life will be made...
88bonnsse is offline  
Old 04-16-2008, 12:47 PM   #27
Senior Member
True Car Nut
 
Join Date: Dec 2003
Location: Right in front of you
Posts: 7,965
Thanks: 0
Thanked 0 Times in 0 Posts
SSE14U24ME is on a distinguished road
Default

I owe about $5,000 besides my mortgage. That isn't too bad.
SSE14U24ME is offline  
Old 04-16-2008, 01:41 PM   #28
Senior Member
Posts like a Camaro
 
Join Date: Aug 2006
Location: West Michigan
Posts: 1,152
Thanks: 0
Thanked 1 Time in 1 Post
Grimm is on a distinguished road
Default

Big fat zero for me, woohoo! But that'* only because of my great parents. They paid about two thirds of my college tuition (about $20K) and forgave it a few years ago after I had paid them a couple thousand or so.

It was pretty cool to plunk down cash (well, a check) for a three year old car.
Grimm is offline  
Old 04-16-2008, 01:50 PM   #29
Senior Member
Posts like a Corvette
 
Join Date: Mar 2007
Location: Machesney Park, Illinois Ride:_1993_Bonneville_SSEi got boost?
Posts: 1,388
Thanks: 0
Thanked 0 Times in 0 Posts
xDRx is on a distinguished road
Default

Right now its the computer I just bought for $1100 and I paid $300 down so I have $800 in debt right now.

Living at home = only $1-200 in bills (helping my mother out)

I will have a credit card soon.... Just for emergencies and clothes. (I'm in the middle of going to a 4x and all my stuff is 3x)
xDRx is offline  
Old 04-16-2008, 02:21 PM   #30
Senior Member
Posts like a Camaro
 
Join Date: Jun 2007
Location: Chambersburg, Pennsylvania
Posts: 882
Thanks: 0
Thanked 0 Times in 0 Posts
putertopia is on a distinguished road
Default

Student loans - around $2k right now (first semester). They don't count right now though

Credit card - $0 - I put about $100 on monthly and pay it off monthly.

Car - Paid cash with money I got from graduation (bummer) because the driver who hit my other car was under insured. I'd have all my student loans paid off if it weren't for that *******.

I have $400 loaned out to a very good friend of mine that I've loaned over about $3k in the past three years. He pays me $75/mo (yes I charge interest). He'* NEVER missed/been late on anything he'* borrowed, and he helps me out if I'm in a pinch, so it works out great. He'* a college student and makes his money by wheeling and dealing custom/OEM parts for his TT, so his income isn't 100% consistent, but when it comes in... he'* rolling in it.
putertopia is offline  
 
 
Closed Thread

Related Topics
Thread Thread Starter Forum Replies Last Post
How much do you pay in the states to have your tires changed skunk66 1992-1999 14 12-17-2007 09:15 PM
I'm debt free!! GoldenBullet Lounge 6 03-19-2007 01:45 PM
Any tips for managing Debt? JimmyFloyd Lounge 18 11-20-2006 05:12 PM
Financial Advice - Debt Consolidation toastedoats Lounge 13 10-12-2006 10:10 AM
YOU MIGHT HAVE TOO MUCH HORSEPOWER IF... SSsuperchargedEi Lounge 8 06-11-2005 11:10 PM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -4. The time now is 03:40 AM.


We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.