What is your debt?

[MrShaun]

What's the amount of your total debt and what is it for?

[NaultD]

$61,000 at 3%. Refinance February 2020. I heard about some crazy thing in china and it's dropping morgage rates like a rock. Last very last piece of paperwork was the first day of the shutdown. Saved $150 a month since then compared to the old morgage.

Got more then enough to pay it off now after inheritance but stock market could pay out 7% plus. So minus 3% paying the mortgage and the same money that could pay it is growing at 4% more profit. Accross 25 plus years that's not nothing.

[NaultD]

Add unstable inflation I'm even better off hold off paying dedt. But ultimately $61,000 isn't that much money to fuss about in the grand scheme of retirement.

[DrPepper12]

DEBT:
$87K mortgage left
$110K one kid college tuition
$24K another kid
Yet to be determined last kid

RECURRING EXPENSES
$600-$800 food monthly
$600 general household a month
$20-$120 gas heat/stove month
$200 gas for cars monthly

FREEDOM SWEET FREEDOM:
Almost no electric bill cuz of solar panels
Credit cards are paid & zero balanced each month
No car payments currently

[Apple1996]

I dont have debt anymore. Had a credit card for awhile with a few hundred on it but paid it off and just keep the card for emergencies

[Simslover92]

Around 23K in credit card debt

Over 200K in student loan debt

[WindAtMyBack]

No debt. I only have monthly bills. I pay off all credit cards every month. The most debt I've had in my life was around $3200 or so. That was when I was working out of state and living in a motel, which added up. I paid that off every month also.

I think the most balance I've carried is around $2000, and that was not for long.

I paid cash for all my cars, and even paid cash for my house.

[itsannalee]

I don’t have debt, and never have any debt in my life. I But my worst time was when i was 21, I even didn’t have any money to buy a tampon.

[ryanontario]

just some money owed on a credit card , i seem to spend more during the summer than work it off afterwords but less than a $1000

[NathanDavis]

zero, at the moment... (knockingonwoodathrilliontimes)

[mrkdvsn]

We keep our 2 credit cards paid off every month. So the only thing I can think of would be our pre-payments of funeral/burial/casket type of stuff, which we've been paying for maybe a year now

[NYlatefun]

0 - no debt whatsoever! I learned my lesson a long time ago!

[RebelinSteel]

My mortgage 🙄

[jamesgoldman]

Zero, In fact I have money owed to me

[Account]

None.

[Walksbehindtherows]

I have no debt

[ICanSmellTheCosmos]

Fortunately, I don't have any.

[Agape93]

None.

[BarryLiverstone]

Around 230,000

[Simslover92]

Same

[jahaims]

Zero

[gatixek710]

Just my home