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Shanti
True love
Member since 6/05 12653 total posts
Name:
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Re: Credit Card Debt - How Much Are You In?
Interesting how the top and bottom have the most responses...
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Posted 6/27/07 10:40 PM  |
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CaMacho
Sisters :)
Member since 7/06 15112 total posts
Name:
Jess
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Re: Credit Card Debt - How Much Are You In?
I don't think it's that wierd that it is split between having $0 cc debt and over $5k. Most people I know have either less than $1k in cc debt or over $10k. Not too many in between...
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| Posted 6/27/07 10:50 PM |
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2PreciousBlessings
The Perfect Pair
Member since 5/06 19861 total posts
Name:
Best Wife & Mommy
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Re: Credit Card Debt - How Much Are You In?
Posted by stephanief
Posted by Meaghan729
Posted by curliegirl
Posted by stinkysmom80
we dont have any CC debt or studen loans or anything, actually have a ton of money in the bank
that's cool
that is good you have $$$$ in the bank - but unfortunately if I didnt have student loans I wouldnt have been able to go to college...and people CAn have CC debt AND $$$ in the bank - aka 0% cards.
I do not think she was saying it is bad to have cc debt, she was just saying she did not have any....why so defensive?
ITA!!! I am EXTREMELY proud that my DH and I are debt free. Our mortgage, utility bills, and others are paid every single month.
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| Posted 6/28/07 6:59 AM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: Credit Card Debt - How Much Are You In?
Posted by Kara
Posted by stinkysmom80
Posted by curliegirl
Posted by stephanief
Posted by Meaghan729
Posted by curliegirl
Posted by stinkysmom80
we dont have any CC debt or studen loans or anything, actually have a ton of money in the bank
that's cool
that is good you have $$$$ in the bank - but unfortunately if I didnt have student loans I wouldnt have been able to go to college...and people CAn have CC debt AND $$$ in the bank - aka 0% cards.
I do not think she was saying it is bad to have cc debt, she was just saying she did not have any....why so defensive?
I think it was more the way it was worded. No one asked how much money anyone had in the bank.
IMO it's a little tacky to supply that kind of info.
I never said how much money i had in the bank. sorry i offended you
You didn't offend me!  I didn't think you were trying to brag or be obnoxious.
Heck, I have student loans and a car loan AND lots of money in the bank / investments... but those investments are earning more interest than I'm paying on this debt. Debt + having plenty of money aren't necessarily mutually exclusive.
ITA - thats what I was trying to say, Kara put it alot better 
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| Posted 6/28/07 7:52 AM |
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eroxgirl
My Loves
Member since 5/05 15697 total posts
Name:
Rebecca
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Re: Credit Card Debt - How Much Are You In?
I don't think the figures in the poll are accurate... or at least they're not a good measure of debt. $5k in cc debt when you make 20 or 30 times that in a year is nothing. DH and I have combined just a drop over 5k in cc debt left over from some home improvements. Totally manageable for us and I'm paying it down very aggressively and hope to get it down to 0 by the end of this year.
Most of the people I know who are in trouble with cc debt owe 10k or more. I had debt problems about 10-12 years ago, ironically with only about half as much debt as I do now (but about a quarter of the salary). I think the debt to income ratio really makes all the difference.
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| Posted 6/28/07 8:15 AM |
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GenLCSW
Baby # 3 is here!!!
Member since 7/05 21138 total posts
Name:
Genna
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Re: Credit Card Debt - How Much Are You In?
ZERO!!!
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| Posted 6/28/07 8:36 AM |
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NoStressMom
My Heart and Soul
Member since 5/05 11122 total posts
Name:
D
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Re: Credit Card Debt - How Much Are You In?
we have some CC Debit but nothing that we can't manage. 
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| Posted 6/28/07 8:40 AM |
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sami
So very blessed!! Thank u !!
Member since 8/06 6524 total posts
Name:
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Re: Credit Card Debt - How Much Are You In?
Happy to say ZERO
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| Posted 6/28/07 8:44 AM |
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leighdvm
My golden boys!
Member since 3/06 4419 total posts
Name:
Michele
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Re: Credit Card Debt - How Much Are You In?
I think we owe about $3,000.....We made some purchases on DR furniture when we recently bought our house. Luckily, it's 0% interest until 2009, so we'll have it paid off way before then.
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| Posted 6/28/07 9:19 AM |
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MrsBlueSash
Love my sailor
Member since 6/05 5793 total posts
Name:
Christian
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Re: Credit Card Debt - How Much Are You In?
zero
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| Posted 6/28/07 11:30 AM |
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shiv
Twinsanity!!
Member since 5/07 4747 total posts
Name:
Shiv
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Re: Credit Card Debt - How Much Are You In?
Posted by leighdvm
I think we owe about $3,000.....We made some purchases on DR furniture when we recently bought our house. Luckily, it's 0% interest until 2009, so we'll have it paid off way before then.
that's great! where did you get that deal?
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| Posted 6/28/07 11:47 AM |
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Re: Credit Card Debt - How Much Are You In?
0
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| Posted 6/28/07 11:57 AM |
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WhatNow
Say Cheese!
Member since 1/06 8033 total posts
Name:
A (formerly WhatNow?)
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Re: Credit Card Debt - How Much Are You In?
NO debt for us! I always always always pay the bill in full!
That is my rule--i don't like to give money to CCs for nothing.
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| Posted 6/28/07 12:26 PM |
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Ltdentway99
LIF Adult
Member since 9/06 1752 total posts
Name:
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Re: Credit Card Debt - How Much Are You In?
Honestly, I disagree with practicing this. Credit cards companies will do anything to not have you pay off your bills right away. We always pay things off immediately. I will not give a dime to credit card companies.
Let me add-in: I will not give a dime anymore... now that I live in a two-income home. When I was single I couldn't live without credit card debt.
No one should be ashamed to have credit card debt if it's because of living necessities. It's hard to live on dinky salaries in NY.
Posted by Kara
Just as an FYI, paying your credit cards in full every month is less helpful for your credit score than carrying a low balance.
Message edited 6/28/2007 2:37:20 PM.
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| Posted 6/28/07 2:29 PM |
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TJLealand3
LIF Adolescent
Member since 6/07 839 total posts
Name:
Thomas
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Re: Credit Card Debt - How Much Are You In?
Posted by stinkysmom80
Posted by curliegirl
I never said how much money i had in the bank. sorry i offended you
No offense taken whatsoever....it just wasn't necessary to tell people that you have "a ton of money in the bank".
That's like someone aksing what shoe size you wear and you saying you own 50 pairs of Manolos. While it may be true, that wasn't the question.
It CAN be taken as you being a showoff.
Honestly who cares if I am showing off. The same thing can be said for the opposite side, all i read on LIW and LIFE is how no one has money or money problems, or people crying poverty, or how hard it is to afford a house and bills.
I think you should show off by paying off my credit cards, that'll show'em. 
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| Posted 7/3/07 4:35 PM |
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njbound07
LIF Adolescent
Member since 4/07 799 total posts
Name:
pimpette
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Re: Credit Card Debt - How Much Are You In?
Posted by TJLealand3
Posted by stinkysmom80
Posted by curliegirl
I never said how much money i had in the bank. sorry i offended you
No offense taken whatsoever....it just wasn't necessary to tell people that you have "a ton of money in the bank".
That's like someone aksing what shoe size you wear and you saying you own 50 pairs of Manolos. While it may be true, that wasn't the question.
It CAN be taken as you being a showoff.
Honestly who cares if I am showing off. The same thing can be said for the opposite side, all i read on LIW and LIFE is how no one has money or money problems, or people crying poverty, or how hard it is to afford a house and bills.
I think you should show off by paying off my credit cards, that'll show'em.
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| Posted 7/3/07 4:42 PM |
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Re: Credit Card Debt - How Much Are You In?
Posted by Ellebelle1
Let me add-in: I will not give a dime anymore... now that I live in a two-income home. When I was single I couldn't live without credit card debt.
No one should be ashamed to have credit card debt if it's because of living necessities. It's hard to live on dinky salaries in NY.
I wholeheartedly agree- it was so hard for me to get by when I first went on my own and I got into debt- but for me, it was better than living with my parents. DH handles the money, and pays our cc bill in full every month.
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| Posted 7/3/07 7:21 PM |
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KPsquared
Member since 5/05 4663 total posts
Name:
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Re: Credit Card Debt - How Much Are You In?
Happy to say zero. Whatever I put on the cc each month I pay in full.
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| Posted 7/3/07 7:29 PM |
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hazeleyes33
LIF Adult
Member since 5/05 13060 total posts
Name:
Ginger
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Re: Credit Card Debt - How Much Are You In?
We just paid off all our cc's with a heloc. I feel soooo free-lol!! Our monthly payment is ALOT less and we are able to save more money every month for things that we were charging.
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| Posted 7/3/07 8:24 PM |
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CaidensMommy
My 3 Miracles!
Member since 5/05 5777 total posts
Name:
Melissa
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Re: Credit Card Debt - How Much Are You In?
We had none up until this past September when my DH lost his job. We had to live off of them for 5 months.  It's going to take forever to pay it off again!!! 
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| Posted 7/3/07 8:39 PM |
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4monkeys
boys will be boys =)
Member since 9/05 7205 total posts
Name:
:)
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Re: Credit Card Debt - How Much Are You In?
Posted by stephanief
Posted by Kara
I didn't think you were trying to brag or be obnoxious.
me either
Me neither, my first reaction was "you go girl" 
Im a big saver myself.. I was taught the old school way.. 
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| Posted 7/3/07 9:01 PM |
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Jax430
Hi!
Member since 5/05 18919 total posts
Name:
Jackie
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Re: Credit Card Debt - How Much Are You In?
Posted by Kissy331
I am proud to say ZERO!!!! We pay off all our credit bills in full every month!
same here!
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| Posted 7/3/07 9:03 PM |
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Holly
Prayers to those who need them
Member since 5/05 6631 total posts
Name:
Holly
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Re: Credit Card Debt - How Much Are You In?
We have no credit cards...we learned the hard way!
ITs amazing how much credit you can get as an unemployed student! 
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| Posted 7/3/07 9:03 PM |
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4monkeys
boys will be boys =)
Member since 9/05 7205 total posts
Name:
:)
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Re: Credit Card Debt - How Much Are You In?
Um, as far as the whole showing off tacky answer thing, isnt this question/post altogether a bit tacky, to ask someone? Would this conversation be something that came up at an LIF GTG ? I doubt it..
Topics and conversations just come up on here, I guess she was just playing along. 
and far as the shoes comment, lets be for real, we hear all too often how many brand this and brand that everyone has way too often on here, no? Do we ask for that info? usually not. 
just talking to myself.
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| Posted 7/3/07 9:05 PM |
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