Debt Poll

« **on:** October 22, 2007, 10:55:57 am »

Me and another cleanitup user was speaking about debt the other day and how much of it we are in.

We are always seeing posts about how much people earn.

But how much debt are you in? and i dont mean the mortgage!

I'm in a lot of debt from being young and stupid with money $:-\$

Neil

« **Reply #1 on:** October 22, 2007, 11:45:15 am »

If this question was asked about 6 months ago i would have been in debt i am not prepared to say how much but it was enough to cause stress so i put my nose to the grindstone and next month i will pay my last debt off and so will be debt free all part of my plan to have a stress free life

Dean

« **Reply #2 on:** October 22, 2007, 11:48:04 am »

I’m not in any debt at all

if I have not got the cash then I will save a bit longer until I have enough to buy what I want. Don’t do credit cards either; only debt I will ever have will be a mortgage which I will hopefully have next year.

Stuart

« **Reply #3 on:** October 22, 2007, 11:50:40 am »

no debt apart from my mortgage and my car

« **Reply #4 on:** October 22, 2007, 03:43:34 pm »

Quote

no debt apart from my mortgage and my car

So you are in debt then...

Andy

« **Reply #5 on:** October 22, 2007, 03:53:18 pm »

well obviously! sharpest tool in the box ain't ya!

« **Reply #6 on:** October 22, 2007, 03:56:33 pm »

Quote from: Neil_A on October 22, 2007, 10:55:57 am

I'm in a lot of debt from being young and stupid with money $:-\$

Neil

Also a stupid question. My earning etc are personal. :

« **Reply #7 on:** October 22, 2007, 04:08:37 pm »

apart from the norm - mortgage, usual problem I've had all my working life.....too much month at the end of the money

« **Reply #8 on:** October 22, 2007, 04:11:26 pm »

Quote from: Helen on October 22, 2007, 04:08:37 pm

usual problem I've had all my working life.....too much month at the end of the money

LOVE IT

« **Reply #9 on:** October 22, 2007, 04:18:52 pm »

Mortgage (too high for comfort)

Wife (spends it like it's going out of fashion)

15 yr old daughter (ditto above)

Car (owe £7k...worth £2.5k if I'm lucky)

Life's sweet!

« **Reply #10 on:** October 22, 2007, 04:21:54 pm »

Quote from: simon knight on October 22, 2007, 04:18:52 pm

Mortgage (too high for comfort)

Wife (spends it like it's going out of fashion)

15 yr old daughter (ditto above)

Car (owe £7k...worth £2.5k if I'm lucky)

Life's sweet!

Ouch

Apart from My Barclays Business loan And mortgage nothing mind you there enough :

« **Reply #11 on:** October 22, 2007, 04:23:37 pm »

Don't ask...

« **Reply #12 on:** October 22, 2007, 04:24:42 pm »

No debt and lots in the bank. I am not clever or rich. If you haven't got it don't spend it. Its as simple as that.
I guy I know, Trevor took out a voluntary insolvancy last year owing £35,000 then managed to get another credit card and used it to take his family to Mexico for two weeks. Total t0sser in my opinion.

« **Reply #13 on:** October 22, 2007, 04:24:49 pm »

Quote from: Squeaky Clean. on October 22, 2007, 04:23:37 pm

Don't ask...

OK

« **Reply #14 on:** October 22, 2007, 04:26:34 pm »

Quote from: windowwashers on October 22, 2007, 04:24:49 pm

Quote from: Squeaky Clean. on October 22, 2007, 04:23:37 pm
Don't ask...
OK

Not getting any worse though.
All my bills are covered every week, even the short weeks (well that's 3 out of the 4 really!)

Just wouldn't mind some left over!

« **Reply #15 on:** October 22, 2007, 04:34:14 pm »

Theres never any left over. Sort of a Cosmic rule of the Universe or something. Money only stretches to JUST cover the bills and no futher.

« **Reply #16 on:** October 22, 2007, 04:51:55 pm »

You just said you had plenty in the bank.

« **Reply #17 on:** October 22, 2007, 04:59:00 pm »

Quote from: Macc on October 22, 2007, 03:56:33 pm

Quote from: Neil_A on October 22, 2007, 10:55:57 am

I'm in a lot of debt from being young and stupid with money $:-\$

Neil

Also a stupid question. My earning etc are personal. :

Did i point the question directly to you? I think not. But if some people think this is a personal question well that's fine you dont have to reply to the post

« **Reply #18 on:** October 22, 2007, 05:22:38 pm »

Quote

no debt apart from my mortgage and my car
---
So you are in debt then...

Andy
---
well obviously! sharpest tool in the box ain't ya!

Sorry. I wasn't trying to be funny or anything... It just makes me laugh when some people don't count their mortgage as a debt - When in reality it's the biggest one they have!

Andy

« **Reply #19 on:** October 22, 2007, 05:59:47 pm »

Quote from: Andy @ SCS on October 22, 2007, 05:22:38 pm

Quote
no debt apart from my mortgage and my car
---
So you are in debt then...

Andy
---
well obviously! sharpest tool in the box ain't ya!

Sorry. I wasn't trying to be funny or anything... It just makes me laugh when some people don't count their mortgage as a debt - When in reality it's the biggest one they have!

Andy

I agree that a mortgage is a debt but if you take the view that it's either that or paying rent then you could say that the rent is debt too as you've got to live somewhere. I suppose the only exceptions are those who have rent free accommodation or someone who has paid off their mortgage.

Poll

Are you in debt?