What's the most you ever been in debt?

ThumpDaddy

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Well, between me and my wife we got about $250K in debt. But that's everything, the house, cars, her student loans, my IRS backpay, and other things here and there. I should have my car paid off by next year though. Hope to have the house paid off in 5 years. I hope to have the IRS paid off in 3 years Lord Willin'..........
 

acri1

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Had about $16k in student loan debt when I graduated, shyt sucked but some people end up with a lot more.

Right now I got my student loans down to $10k and owe a little less than $2000 on my car.
 

BlvdBrawler

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how do u handle shyt like that. do it fukk up your lifestyle in terms of how u spend ur money? do you budget?

im 65K debt in student loans, haven't even planned out how im going to pay this shyt off.

Nah breh I'm good. I budget more than anyone I know, and I've got plenty of money stashed away. The highest interest rate I'm paying on any of that is 3.44% so it's basically not costing me anything to borrow it (it's about the same rate as inflation). Plus I make a good living.

My girl makes the payment on one of the cars; I just co-signed so she could get a better rate. And the mortgage is paid by my renters. They actually pay me about $500 a month more than the monthly payment, so that's a win, except they're moving out at the end of this month :mad:.

I guess my point is, having debt isn't at all a bad thing if you don't get in over your head and know how to manage it. Having good credit is a big help too.
 

filial_piety

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Not including student loans, 6k due to expenses for college and grad school. Soon as I got my first real job I paid it off in 2 years.

The minimum payments were like 130 :shaq2: I tossed $500 to them after each check.
 

BlvdBrawler

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Not including student loans, 6k due to expenses for college and grad school. Soon as I got my first real job I paid it off in 2 years.

The minimum payments were like 130 :shaq2: I tossed $500 to them after each check.

Dat's not bad at all breh.
 

YBE

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Money can't buy happiness. Happiness comes from within. People be rich and be miserable as all hell for various reasons. All these celebs is rich and stung out on drugs and addicted to plastic surgery all because they are happy right?

Shut up. If money doesn't buy happiness, it damn sure makes it easy as hell to be happy.
 

BlvdBrawler

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Money can't buy happiness. Happiness comes from within. People be rich and be miserable as all hell for various reasons. All these celebs is rich and stung out on drugs and addicted to plastic surgery all because they are happy right?

They aren't less happy than a broke or middle-class person with a drug problem or addiction, I'll tell you that much.
 

wutang512

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shyt right now.... 57k with student loans... don't matter though I'll have they military pay it back once I graduate

sent from my phone nikka....
 

Creeper

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$350,000 for my mortgage and about to add another $20,000 for school the next 2 years :sadbron:
 

Atlrocafella

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With Student Loans/Car Note/and Credit Cards,

I'm sitting at about 38k in debt right now....should have it down to $35,450 by the end of the year...I got a long way to go.:beli:
 

theflyest

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student loans that were paid off

it was somewhere between 13-15k. I don't know the exact the amount it started at, because I dreaded to even look at it while i may the minimum payments for years.
 
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