What are your sources of debt?

[SaggyWoman]

Share if you want!

 

[Jim1999]

Other than monthly bills, which are paid instantly, I have no debt. I maintain the ways of poorer days, if we don't have the cash, we don't buy.

I missed the one point about being indebted to Jesus my Lord and Saviour. Indeed, I am wholly indebted to Him for all that I have and will have in times to come.

Cheers,

Jim

 

[following-Him]

if we can't afford it we don't have it.

 

[David Michael Harris]

Could not vote. None whatsoever except to my Saviour.

 

[SaggyWoman]

There is one that says indebted to Christ.

 

[David Michael Harris]

There is one that says indebted to Christ.

Indeed, sry, missed that one, unforgivable. Lord forgive me. Just voted.

 

[SaggyWoman]

I didn't say it to "git" you. I did include it, though.

 

[David Michael Harris]

I didn't say it to "git" you. I did include it, though.

No really, I should have read it all better, I just thought 'here we go' shame we cannot choose 2 as I would go for the last one as well.

Is it multiple choice?

 

[SaggyWoman]

Yeah, it was set up where you could pick any number of the above.

 

[David Michael Harris]

Yeah, it was set up where you could pick any number of the above.

Humble pie eh!

 

[billwald]

Only time I remember making car payments . . . was driving an old 350 Chev P/U 1000 miles a day. I read that the 3 cylinder Chev Metro got over 40 MPG and bought one the next day. The payments and new gas bill were less than the old gas bill. That car averaged 48 MPG for 100,000 miles and then I stopped counting.

 

[Alive in Christ]

I have zero debt.

I pay cash for everything.

If I cant afford something, I save up until I can.

 

[billwald]

Due to tax laws and other good reasons, buying a house with a mortgage is reasonable. One gots to live someplace. But if a person can't save at least 20% for a down payment he can't afford to buy a house and he doesn't make enough to claim the deductions.

 

[targus]

Due to tax laws and other good reasons, buying a house with a mortgage is reasonable. One gots to live someplace. But if a person can't save at least 20% for a down payment he can't afford to buy a house and he doesn't make enough to claim the deductions.

True - one advantage of buying is that eventually the mortgage is paid off - renters are never paid in full - they just keep on paying rent.

 

[Jimmy Oatway]

Just a mortgage, but I am working hard to pay it down ASAP (paying double my required payment every two weeks, paying 10% of the principal annually). Should have that sucker behind me in 7-8 years, Lord willing.

 

[Tom Bryant]

Just a mortgage and monthly bills. We will only have 6 more years on this.