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View Poll Results: What Amount Would It Take To Get You Out Of Debt?
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$0-$20,000
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13 |
43.33% |
$21,000-$50,000
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4 |
13.33% |
$51,000-$100,000
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3 |
10.00% |
$100,000+
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10 |
33.33% |
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12-29-2010, 11:51 PM
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mary
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Join Date: Apr 2009
Location: Midwest
Posts: 3,002
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Re: What Amount Would It Take To Get You Out Of De
Quote:
Originally Posted by *AQuietPlace*
Less than $20,000. That includes house, car and other bills. We're working hard at making that happen.
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Same for me.
Quote:
Originally Posted by Digging4Truth
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.
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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.
__________________
What we make of the Bible will never be as great a thing as what the Bible will - if we let it - make of us.~Rich Mullins
I do not feel obliged to believe that the same God who has endowed us with sense, reason, and intellect has intended us to forgo their use.~Galileo Galilei
Last edited by missourimary; 12-30-2010 at 12:02 AM.
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12-30-2010, 12:15 AM
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Banned
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Join Date: Apr 2010
Posts: 5,406
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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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12-30-2010, 05:01 AM
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Go Dodgers!
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Join Date: Feb 2007
Posts: 45,787
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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
__________________
Let it be understood that Apostolic Friends Forum is an Apostolic Forum.
Apostolic is defined on AFF as:
- There is One God. This one God reveals Himself distinctly as Father, Son and Holy Ghost.
- The Son is God himself in a human form or "God manifested in the flesh" (1Tim 3:16)
- Every sinner must repent of their sins.
- That Jesus name baptism is the only biblical mode of water baptism.
- That the Holy Ghost is for today and is received by faith with the initial evidence of speaking in tongues.
- The saint will go on to strive to live a holy life, pleasing to God.
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12-30-2010, 06:07 AM
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Forever Loved Admin
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Join Date: Dec 2007
Location: Texas
Posts: 26,537
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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.
__________________
If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.
2 Chronicles 7:14 KJV
He hath shewed thee, O man, what is good; and what doth the LORD require of thee, but to do justly, and to love mercy, and to walk humbly with thy God? Micah 6:8 KJV
Beloved, now are we the sons of God, and it doth not yet appear what we shall be: but we know that, when he shall appear, we shall be like him; for we shall see him as he is. 1 John 3:2 KJV
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12-30-2010, 07:21 AM
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Registered Member
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Join Date: Feb 2007
Posts: 5,121
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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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12-30-2010, 07:44 AM
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Still Figuring It Out.
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Join Date: Feb 2007
Posts: 10,858
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Re: What Amount Would It Take To Get You Out Of De
Quote:
Originally Posted by Pragmatist
We have no debt other than our mortgage.
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The question includes mortgage and all other debt.
But... that is good that there is no debt outside the mortgage.
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12-30-2010, 07:45 AM
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Still Figuring It Out.
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Join Date: Feb 2007
Posts: 10,858
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Re: What Amount Would It Take To Get You Out Of De
Quote:
Originally Posted by Praxeas
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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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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12-30-2010, 07:46 AM
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Still Figuring It Out.
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Join Date: Feb 2007
Posts: 10,858
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Re: What Amount Would It Take To Get You Out Of De
Quote:
Originally Posted by seekerman
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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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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12-30-2010, 07:48 AM
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Still Figuring It Out.
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Join Date: Feb 2007
Posts: 10,858
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Re: What Amount Would It Take To Get You Out Of De
Quote:
Originally Posted by missourimary
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.
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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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12-30-2010, 07:50 AM
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Still Figuring It Out.
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Join Date: Feb 2007
Posts: 10,858
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Re: What Amount Would It Take To Get You Out Of De
Quote:
Originally Posted by Apprehended
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.
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3 or 4 times?
Wow... you learn fast compared to some of us guys.
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