Baby Corner

Baby, Trying to Conceive and Pregnancy Message Boards

Member Login

Baby Corner Message Board > Parent to Parent > Corner Cafe How much debt do you have?

How much debt do you have?

View Poll Results: How much BAD debt (credit cards) do you have?
$0-$5,000 9 60.00%
$5,001-$10,000 0 0%
$10,001-$15,000 3 20.00%
$15,001-$20,000 1 6.67%
$20,001-$25,000 2 13.33%
$25,000+ 0 0%
Voters: 15. You may not vote on this poll

Post Reply Post New Topic  

Thread Tools Display Modes

Old 08-31-04, 05:05 PM
Dopey406's Avatar
is loving her husband and children!
Join Date: Oct 2003
Location: Ohio
Posts: 24,935
Thanked 1,189 Times
Points: 882
Level: 10
Weekly Activity 1593.89%
Question How much debt do you have?

How much debt do you have? I recently read that the average American family has around $8,000 credit card debt. We have much more than that and it got me wondering how much others have.

We are blessed that neither of us have student loans (good debt) from college. Both of our parents paid for college (I earned a 50% scholarship every year--otherwise I would have not my degree) so we have no loans to pay back. We have a house mortgage and one car payment. The rest is credit card (bad) debt.
Reply With Quote
Old 09-01-04, 03:12 PM
SnowboardingMommy's Avatar
Is now legally Mrs. DP
Join Date: Jun 2002
Location: Northern California
Posts: 5,573
Thanked 18 Times
Points: 1
Level: 1
Weekly Activity 0.37%

Luckily we have $0 credit card debt and pay everything off from our savings (and then replace that $). DP went to NYU for her masters degree and unfortunately we have close to $100K in student loan debt. Fortunately, we are about to knock that in half because one of the lenders is willign to take a $19K lump sum instead of $65K over the next 30 years. We're just going to pay them off and get them off our back.

DP and I have both been in credit card debt at some point in our lives and we have both vowed to never EVER do that again. So, we penny pinch and save every single $1 so when we need something we pay for it in cash.

I suggest listening to Suze Orman.
Reply With Quote
Old 09-01-04, 07:22 PM
TSLeer's Avatar
VIP Member
Join Date: Jun 2002
Location: Central California
Posts: 7,015
Thanked 0 Times
Points: 1
Level: 1
Weekly Activity 0.37%

No mortgage (we rent), no student loans, 2 car payments, 2 credit cards left and some medical bills.

Once those credit cards are paid off (end of this year hopefully), NO MORE CARDS for us, except our bank check/atm card!
Reply With Quote
Old 09-01-04, 09:13 PM
JessicaE's Avatar
Community Member
Join Date: Feb 2003
Location: Iowa
Posts: 1,315
Thanked 0 Times
Points: 1
Level: 1
Weekly Activity 0.37%

We no credit card debt. I don't even have one. DH does but rarely uses it and we pay it off right away. We do have a house payment, one car payment, and both of us have student loans, but it's not too bad. It could be much worse.
Reply With Quote
Old 09-01-04, 09:25 PM
~Stacey~'s Avatar
Mommy first and foremost
Join Date: Jan 2003
Location: NJ
Posts: 2,883
Thanked 0 Times
Points: 1
Level: 1
Weekly Activity 0.37%

no credit card debt here either!
Reply With Quote
Latest Articles
Pregnant Woman's Guide to The Zika Virus
Get the latest information about the zika virus during pregnancy including how to protect your unborn baby or infant, signs and symptoms, complications, and prevention.

Fetal Development Video
Video showing how a fetus developed during the 40 weeks of pregnancy. Fetal Development Video

Adventure Vacations with Your New Family Are Possible
If you spent time as a couple exploring vast areas of the world, that doesn't have to end just because you have a new baby. Here are 6 tips to make your vacations fun for the whole family. Plus, vacation ideas to help you get started.

The "Mozart" Effect: How Music Helps Your Baby's Development
Can your baby really be smarter if your listen to Mozart, or other classical music, during pregnancy?

What to Expect Postpartum: Your Period
The postpartum period brings many changes to a woman's body. Learn what to expect with your period including when it will return and warning signs to watch out for.

March 2018 Baby Photo Contest Winner
March 2018 Baby Photo Contest Winner
Congratulations Wasim!

Calculators & Tools

All times are GMT -4. The time now is 12:19 AM.

Pregnancy | Fertility | Baby | Toddler | Community | Baby Names

About Baby Corner | Advertising | Editorial | Contact Baby Corner | Terms of Use | Privacy Notice

Powered by vBulletin® Copyright © 2018, vBulletin Solutions, Inc.