# 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:** 3
### Author:  [@newchic](https://forums.speedlife.net/u/newchic)
#### Post date: [April 5, 2006, 6:51pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/41 "2006-04-05T18:51:03Z")
> [@Quik](#):
>
> how do you own a house and still have the morgage?
and… my piont ot that post was… by the time they get done paying off their school loans… and then purchase a house… they are no further ahead becasue they will be in their 60’s until it is paid off.
That’s the part that sucks… you go to school… get a degree and are no better off than someone who didn’t go to school but had good skills anyway…
6 in one… half a dozen in the other
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### Author:  [@flyinglow57](https://forums.speedlife.net/u/flyinglow57)
#### Post date: [April 5, 2006, 6:52pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/42 "2006-04-05T18:52:17Z")
Parents pay for school FTW
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### Author:  [@newchic](https://forums.speedlife.net/u/newchic)
#### Post date: [April 5, 2006, 6:52pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/43 "2006-04-05T18:52:21Z")
> [@Quik](#):
>
> whatever just seeing how ppl own houses when banks own them. just like in cars and etc.
See that is one of those myths… The bank doesn’t own it unless you don’t pay for it… then they forclose on it and keep all the money. I can do whatever I want to it… it’s mine
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### Author:  [@newchic](https://forums.speedlife.net/u/newchic)
#### Post date: [April 5, 2006, 6:52pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/44 "2006-04-05T18:52:54Z")
> [@flyinglow57](#):
>
> Parents pay for school FTW
not all parents… Whitey says he owes 55,000
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### Author:  [@Quik](https://forums.speedlife.net/u/Quik)
#### Post date: [April 5, 2006, 6:56pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/45 "2006-04-05T18:56:23Z")
> [@newchic](#):
>
> not all parents… Whitey says he owes 55,000
dont you think he also has car payments and etc?
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### Author:  [@OptikalIllusion](https://forums.speedlife.net/u/OptikalIllusion)
#### Post date: [April 5, 2006, 6:56pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/46 "2006-04-05T18:56:33Z")
about 95,000 and i dont have a house…
god damn college
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### Author:  [@Pewter](https://forums.speedlife.net/u/Pewter)
#### Post date: [April 5, 2006, 6:56pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/47 "2006-04-05T18:56:58Z")
keep the thread on track!
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### Author:  [@Quik](https://forums.speedlife.net/u/Quik)
#### Post date: [April 5, 2006, 6:57pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/48 "2006-04-05T18:57:02Z")
> [@newchic](#):
>
> and… my piont ot that post was… by the time they get done paying off their school loans… and then purchase a house… they are no further ahead becasue they will be in their 60’s until it is paid off.
>
> That’s the part that sucks… you go to school… get a degree and are no better off than someone who didn’t go to school but had good skills anyway…
>
> 6 in one… half a dozen in the other
not always true. my loan isnt to far from being paid off. and im no where near my 60s.
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### Author:  [@Evolved](https://forums.speedlife.net/u/Evolved)
#### Post date: [April 5, 2006, 7:24pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/49 "2006-04-05T19:24:15Z")
> [@Quik](#):
>
> not always true. my loan isnt to far from being paid off. and im no where near my 60s.
College education pays off. Esspecially a masters or better. Anyone else is going to spend their whole life explaining why they didn’t get any higher education if they can get an interview at all.
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### Author:  [@HaNnIBaL64](https://forums.speedlife.net/u/HaNnIBaL64)
#### Post date: [April 5, 2006, 7:35pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/50 "2006-04-05T19:35:54Z")
5k student loans thats it…
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### Author:  [@ShalerPunk](https://forums.speedlife.net/u/ShalerPunk)
#### Post date: [April 5, 2006, 8:27pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/51 "2006-04-05T20:27:25Z")
car, house, and various other debts combined?
about $50k
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### Author:  [@imported\_SINISTER](https://forums.speedlife.net/u/imported_SINISTER)
#### Post date: [April 5, 2006, 8:30pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/52 "2006-04-05T20:30:51Z")
ta about 8gs
yukon belive im down to like 4gs now
bike paid
credit card down to about 1200 bucks purchased my girls ring on it.
school loans paid that off
give or take around 13,000
debating about buying a house this summer…need to learn more about it…
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### Author:  [@turboTSI1320](https://forums.speedlife.net/u/turboTSI1320)
#### Post date: [April 5, 2006, 8:38pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/53 "2006-04-05T20:38:38Z")
my 2006 cbr 600RR i owe $8,322
Snap on tools 3,000 some
credit cards 1,100
College 4,000 some
cell phone around $80 a month
gym membership 50 a month
I own my talon, civic, truck, and 400ex
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### Author:  [@04liquidS](https://forums.speedlife.net/u/04liquidS)
#### Post date: [April 5, 2006, 9:10pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/54 "2006-04-05T21:10:12Z")
About 18K for the car, and I’ll have to take out loans for school in August. 20K for 2.5 years of nursing school.
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### Author:  [@Darkstar](https://forums.speedlife.net/u/Darkstar)
#### Post date: [April 5, 2006, 10:16pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/55 "2006-04-05T22:16:24Z")
> [@flyinglow57](#):
>
> nothin on anything… except the house… only have another 355 more payments then its mine… at 780 a pop.
:eek3:
you must have a nice house.
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### Author:  [@Darkstar](https://forums.speedlife.net/u/Darkstar)
#### Post date: [April 5, 2006, 10:20pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/56 "2006-04-05T22:20:22Z")
> [@Evolved](#):
>
> College education pays off. Esspecially a masters or better. Anyone else is going to spend their whole life explaining why they didn’t get any higher education if they can get an interview at all.
start your own business. then you never have to interview. :kekegay:
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### Author:  [@Darkstar](https://forums.speedlife.net/u/Darkstar)
#### Post date: [April 5, 2006, 10:21pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/57 "2006-04-05T22:21:33Z")
> [@ShalerPunk](#):
>
> car, house, and various other debts combined?
>
> about $50k
I wish I could have a house, a car, and various debts and only owe $50,000. $50,000 would get me the downpayment on a lot here. ☹
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### Author:  [@whitey](https://forums.speedlife.net/u/whitey)
#### Post date: [April 5, 2006, 11:43pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/58 "2006-04-05T23:43:22Z")
the 55k does not include my Jetta which I owe around 12k on. so I really have like 70k in debt. My biggest thing I did wrong was student loan my mexico study abroad… it fucking kills me, but oh well live and learn. Its no big deal I loved college and every penny was worth it. I think my college education has something to do with my 120% increase on salary in 2 years. I am not sure how many others can say they did that. Granted it will not continue to grow by that rate, but I have a feeling it will grow substantially more then people without education. And I am strictly talking about in my company.
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### Author:  [@Darkstar](https://forums.speedlife.net/u/Darkstar)
#### Post date: [April 5, 2006, 11:55pm UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/59 "2006-04-05T23:55:39Z")
> [@whitey](#):
>
> the 55k does not include my Jetta which I owe around 12k on. so I really have like 70k in debt. My biggest thing I did wrong was student loan my mexico study abroad… it fucking kills me, but oh well live and learn. Its no big deal I loved college and every penny was worth it. I think my college education has something to do with my 120% increase on salary in 2 years. I am not sure how many others can say they did that. Granted it will not continue to grow by that rate, but I have a feeling it will grow substantially more then people without education. And I am strictly talking about in my company.
should all go as it seems it will, thats about the percentage I’ll do over what I did last year. I’m gonna own you in the race to be a millionaire. :mrT:
(just kidding. I’m sure I’ll do something to fuck it all up)
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### Author:  [@whitey](https://forums.speedlife.net/u/whitey)
#### Post date: [April 6, 2006, 12:18am UTC](https://forums.speedlife.net/t/what-is-your-debt/181461/60 "2006-04-06T00:18:44Z")
> [@Darkstar](#):
>
> should all go as it seems it will, thats about the percentage I’ll do over what I did last year. I’m gonna own you in the race to be a millionaire. :mrT:
>
> (just kidding. I’m sure I’ll do something to fuck it all up)
I don’t think I will ever become a millionaire, but as long as I am comfortable I am cool with that. I realize that I am going to peak in a few years with salary and I will have to take my biz ideas in my head into production. So you are already ahead of me there!
Oh and for those who might be wondering, the pittspeed debt right now stands at roughly 5k. So its pretty good, and finally going down. This was included in my personal debt analysis. God money is sooo cool!
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