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View Poll Results: What Amount Would It Take To Get You Out Of Debt?
$0-$20,000 13 43.33%
$21,000-$50,000 4 13.33%
$51,000-$100,000 3 10.00%
$100,000+ 10 33.33%
Voters: 30. You may not vote on this poll

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  #11  
Old 12-29-2010, 11:51 PM
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missourimary missourimary is offline
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Re: What Amount Would It Take To Get You Out Of De

Quote:
Originally Posted by *AQuietPlace* View Post
Less than $20,000. That includes house, car and other bills. We're working hard at making that happen.
Same for me.


Quote:
Originally Posted by Digging4Truth View Post
Or even better... Be 20 and know what you know now. We could sure make a better 2nd run at it couldn't we?

I consistently preach to my kids... debt... is... slavery. That's it in a nutshell... cut and dried... in my opinion of course.
My parents and grandparents taught me very well. I never felt they were preaching at me, though they might have felt they were. Though I still learned some things the hard way, I've been very thankful for all they taught me about finances, and have tried to pass some of those lessons on.
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Last edited by missourimary; 12-30-2010 at 12:02 AM.
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  #12  
Old 12-30-2010, 12:15 AM
seekerman seekerman is offline
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Re: What Amount Would It Take To Get You Out Of De

Pro 22:7 The rich ruleth over the poor, and the borrower is servant to the lender.

Anyone in debt has two masters.
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  #13  
Old 12-30-2010, 05:01 AM
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Re: What Amount Would It Take To Get You Out Of De

0-20k is a misleading choice. If I chose it, having no debt, it can be concluded that voter owes up to 20k
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  #14  
Old 12-30-2010, 06:07 AM
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Re: What Amount Would It Take To Get You Out Of De

The only debt we have is a few hundred dollars of medical bills that insurance doesn't cover. That varies from year to year.
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  #15  
Old 12-30-2010, 07:21 AM
aegsm76 aegsm76 is offline
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Re: What Amount Would It Take To Get You Out Of De

No debt except for the house!!
I couldn't say this three years ago!!
Thank God for a friend who is a CPA!!
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  #16  
Old 12-30-2010, 07:44 AM
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Re: What Amount Would It Take To Get You Out Of De

Quote:
Originally Posted by Pragmatist View Post
We have no debt other than our mortgage.
The question includes mortgage and all other debt.

But... that is good that there is no debt outside the mortgage.
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  #17  
Old 12-30-2010, 07:45 AM
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Re: What Amount Would It Take To Get You Out Of De

Quote:
Originally Posted by Praxeas View Post
0-20k is a misleading choice. If I chose it, having no debt, it can be concluded that voter owes up to 20k
Very true. Sorry about that.

I realized after making the poll that I forced myself into the second bracket by about 5 grand too. LOL...\
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  #18  
Old 12-30-2010, 07:46 AM
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Re: What Amount Would It Take To Get You Out Of De

Quote:
Originally Posted by seekerman View Post
Pro 22:7 The rich ruleth over the poor, and the borrower is servant to the lender.

Anyone in debt has two masters.
Indeed.

I am working hard on getting rid of one of them and I am working hard on getting closer to the other one.
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  #19  
Old 12-30-2010, 07:48 AM
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Re: What Amount Would It Take To Get You Out Of De

Quote:
Originally Posted by missourimary View Post
Same for me.




My parents and grandparents taught me very well. I never felt they were preaching at me, though they might have felt they were. Though I still learned some things the hard way, I've been very thankful for all they taught me about finances, and have tried to pass some of those lessons on.
Indeed. I talk to my kids often about debt. I hope they will learn from my words but, in doing so, I am hoping they won't be like me. LOL... With all the good teaching I had to learn much the hard way. And they may too.

I'm just going to do all I can to facilitate a wise road. The rest is up to them. I know I had enough info to do better than I did. We are just bound and determined to learn it on our own sometimes.
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  #20  
Old 12-30-2010, 07:50 AM
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Re: What Amount Would It Take To Get You Out Of De

Quote:
Originally Posted by Apprehended View Post
You are right about that, young'un.

btw, you are still a young'un compared to ME...

When the wife and I got married, Mr. Macho decided he was going to handle all the bills.

Bad idea!

A big night out for us two love birds was to go to the drive in on a Saturday night, order two hamburgers and share a milk shake. That came to $3.00 total. We didn't know we were poor because we were too much in love. Our rent was $50.00 a month which included gas and water.

So, even though our budget was tight, we had just enough money left over for our big night out each week. So, Mr. Hero managing the money let a check bounce one week. That cost us $2.50 as I recall as an overdraft fee. We had to forfeit our big night out.

I would deposit my check in the bank and the write checks on it without keeping good records. When a check bounced, I became furious with the inept bank and went to see them to correct them. I left embarrassed having been properly corrected myself.

After this happened three or four times and having forfeiting our big night out, the wife finally suggested that I turn the check book over to her.

That turned out to be the smartest thing that I ever did. If THAT girl writes a check, Ft. Knox would go broke before it bounced. I married a good woman and a good money manager too...both are the same woman.

Well, at least I take credit for having enough sense to do the right thing, finally.
3 or 4 times?

Wow... you learn fast compared to some of us guys.
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