# What is your debt?......

**URL:** <https://forums.speedlife.net/t/what-is-your-debt/181461>\
**Category:** PittSpeed Off Topic\
**Created:** [April 5, 2006, 1:50pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461 "2006-04-05T13:50:35Z")\
**Posts on this page:** 20\
**Page:** 2

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**Author:** ![grnteg98](https://avatars.discourse-cdn.com/v4/letter/g/977dab/32.png) [@grnteg98](https://forums.speedlife.net/u/grnteg98)\
**Post date:** [April 5, 2006, 4:20pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/21 "2006-04-05T16:20:28Z")

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$20k car + credit cards… but it’s down 5k since the first of the year and will be gone by the end of the year

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**Author:** ![grandamld9](https://avatars.discourse-cdn.com/v4/letter/g/48db29/32.png) [@grandamld9](https://forums.speedlife.net/u/grandamld9)\
**Post date:** [April 5, 2006, 4:38pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/22 "2006-04-05T16:38:49Z")

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$0

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**Author:** ![Blackbelt](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blackbelt/32/5998_2.png) [@Blackbelt](https://forums.speedlife.net/u/Blackbelt)\
**Post date:** [April 5, 2006, 4:43pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/23 "2006-04-05T16:43:11Z")

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I think i owe around 80K on my house. It’s worth around 250K, so thats not too bad i guess. other than that, i don’t carry debt. I own 5 cars rightnow, and the Scion i just bought i paid cash for. If i didn’t have kids i could have bought a damn C6 with cash!

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**Author:** ![oneslowbowtie](https://avatars.discourse-cdn.com/v4/letter/o/d78d45/32.png) [@oneslowbowtie](https://forums.speedlife.net/u/oneslowbowtie)\
**Post date:** [April 5, 2006, 4:43pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/24 "2006-04-05T16:43:24Z")

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between 5k and 6k

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**Author:** ![wrayzor](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/wrayzor/32/6021_2.png) [@wrayzor](https://forums.speedlife.net/u/wrayzor)\
**Post date:** [April 5, 2006, 5:27pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/25 "2006-04-05T17:27:50Z")

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With my car and computers and credit card like 5k for now!

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**Author:** ![The1SloR\_T](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/the1slor_t/32/5984_2.png) [@The1SloR\_T](https://forums.speedlife.net/u/The1SloR_T)\
**Post date:** [April 5, 2006, 5:54pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/26 "2006-04-05T17:54:05Z")

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$1450 credit card

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**Author:** ![kilmer420](https://avatars.discourse-cdn.com/v4/letter/k/d6d6ee/32.png) [@kilmer420](https://forums.speedlife.net/u/kilmer420)\
**Post date:** [April 5, 2006, 6:07pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/27 "2006-04-05T18:07:11Z")

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i stopped counting after 150K my house was over that anyway ☹

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**Author:** ![flyinglow57](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/flyinglow57/32/5978_2.png) [@flyinglow57](https://forums.speedlife.net/u/flyinglow57)\
**Post date:** [April 5, 2006, 6:28pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/28 "2006-04-05T18:28:39Z")

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nothin on anything… except the house… only have another 355 more payments then its mine… at 780 a pop.

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**Author:** ![Evolved](https://avatars.discourse-cdn.com/v4/letter/e/6a8cbe/32.png) [@Evolved](https://forums.speedlife.net/u/Evolved)\
**Post date:** [April 5, 2006, 6:29pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/29 "2006-04-05T18:29:53Z")

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about 19k on the car. 0% interest was to good to pass up using.

Anyone who says education past high school is not worth the investment is :nuts:

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**Author:** ![Pewter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/pewter/32/5936_2.png) [@Pewter](https://forums.speedlife.net/u/Pewter)\
**Post date:** [April 5, 2006, 6:32pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/30 "2006-04-05T18:32:47Z")

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90k all on the house

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**Author:** ![newchic](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/newchic/32/5989_2.png) [@newchic](https://forums.speedlife.net/u/newchic)\
**Post date:** [April 5, 2006, 6:39pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/31 "2006-04-05T18:39:14Z")

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> [@flyinglow57](#):
>
> nothin on anything… except the house… only have another 355 more payments then its mine… at 780 a pop.

156 payments at $950 for us

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**Author:** ![taco](https://avatars.discourse-cdn.com/v4/letter/t/ec9cab/32.png) [@taco](https://forums.speedlife.net/u/taco)\
**Post date:** [April 5, 2006, 6:40pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/32 "2006-04-05T18:40:23Z")

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4-5k on car and probably 2700 on credit card

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**Author:** ![newchic](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/newchic/32/5989_2.png) [@newchic](https://forums.speedlife.net/u/newchic)\
**Post date:** [April 5, 2006, 6:40pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/33 "2006-04-05T18:40:55Z")

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> [@Evolved](#):
>
> about 19k on the car. 0% interest was to good to pass up using.
> 
> Anyone who says education past high school is not worth the investment is :nuts:

It depends on the person and their desire to be more

We had this discussion before… you can get a good job without a degree but it is harder to do… you can also get a degree and not be aggressive enough to get a good job

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**Author:** ![flyinglow57](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/flyinglow57/32/5978_2.png) [@flyinglow57](https://forums.speedlife.net/u/flyinglow57)\
**Post date:** [April 5, 2006, 6:43pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/34 "2006-04-05T18:43:15Z")

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> [@newchic](#):
>
> you can also get a degree and not be aggressive enough to get a good job

cough cough tow truck driver cough cough teaching degree cough cough :ugh2:

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**Author:** ![taco](https://avatars.discourse-cdn.com/v4/letter/t/ec9cab/32.png) [@taco](https://forums.speedlife.net/u/taco)\
**Post date:** [April 5, 2006, 6:43pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/35 "2006-04-05T18:43:55Z")

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> [@Evolved](#):
>
> Anyone who says education past high school is not worth the investment is :nuts:

Really it depends on the person. I have a two year degree and am in a line of work that I could still be in without a degree. For the most part I enjoy what I do and I can make more money in this line of work than 99% of 4 year grads.

But with that being said I often consider going back and getting a double major in mechanical and electrical engineering.

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**Author:** ![Quik](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/quik/32/5979_2.png) [@Quik](https://forums.speedlife.net/u/Quik)\
**Post date:** [April 5, 2006, 6:46pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/36 "2006-04-05T18:46:23Z")

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> [@newchic](#):
>
> 150,000 is a house and Vehicles
> 
> 55,000 is just college loans…
> 
> I at least own my home and my vehicles. You folks with those ginormous school loans will have to wait longer to purchase a home. It sucks…

how do you own a house and still have the morgage?

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**Author:** ![newchic](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/newchic/32/5989_2.png) [@newchic](https://forums.speedlife.net/u/newchic)\
**Post date:** [April 5, 2006, 6:46pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/37 "2006-04-05T18:46:35Z")

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> [@pewterss](#):
>
> 90k all on the house

When will it be done?

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**Author:** ![Quik](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/quik/32/5979_2.png) [@Quik](https://forums.speedlife.net/u/Quik)\
**Post date:** [April 5, 2006, 6:47pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/38 "2006-04-05T18:47:25Z")

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i dunno around 35k

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**Author:** ![newchic](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/newchic/32/5989_2.png) [@newchic](https://forums.speedlife.net/u/newchic)\
**Post date:** [April 5, 2006, 6:48pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/39 "2006-04-05T18:48:45Z")

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> [@Quik](#):
>
> how do you own a house and still have the morgage?

It’s mine… I physically own it and as I pay it off I have equity in it until I pay it off. The bank does not fully own it just because you have a mortgage. If you don’t pay your mortgage then you lose out

Does that make sense?

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**Author:** ![Quik](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/quik/32/5979_2.png) [@Quik](https://forums.speedlife.net/u/Quik)\
**Post date:** [April 5, 2006, 6:50pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/40 "2006-04-05T18:50:51Z")

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> [@newchic](#):
>
> It’s mine… I physically own it and as I pay it off I have equity in it until I pay it off. The bank does not fully own it just because you have a mortgage. If you don’t pay your mortgage then you lose out
> 
> Does that make sense?

whatever just seeing how ppl own houses when banks own them. just like in cars and etc.

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