hey the BEST thing about being in debt at a young age is that you get to pay it back before you are totally stuff and morgaged up,,,,, then for the next 3 to 6 years you can not get another loan and it teaches you to save for stuff or do without rather than get loans


by the time i was 21 in was about 12k in debt and fuck all to show for it and also a fucking morgage of 700 quid a month


i got screwed on my old place and lost that and still had to pay the morgage, i defaulted on it ( personal reason why) and then was hoping that the cash i got back from the sale would leave something to clear the debt,,,,, the bank fucked me over and sold it for the debt ONLY


anyway i then got a job that was fucking wank but paid alot of money for very little work but it was long hours though, done that for 3 years and i payed off all my debts and then at the age of 23 i wanted a car and couldnt get a loan so i had to save for it ( ok i lied, the missus heard and so she bought me a erst with her money she had in the bank,,, shes not all that bad i guess )


anyway i learned from my mistakes and the ONLY loan ive ever taken out since was to have a boiler fitted when i bought this flat i live in now

we STILL have no debts as such ( actually i got a few mates who i owe quite a bit of cash to i guess for friendship but a few people also owe me cash,,,,, its not that much that i cant afford to pay it off this week, which im doing might i add)


so by wasting cash on drugs and nights out taught me to respect money and think before i spend,,,, i was in a bad way then too as i used to be the poor kid with all my mates when i was younger then when i got loans ect i used to get paied a shite wage and hide it by getting cash i never had ect and act all "jack the lad"



the main thing is though the feeling yiou get when its all payed back knowing your are out of the shite,,,, seriously the feeling is soooo nice and you will not have them nights where your lying in bed and cant sleep due to thinking of the bills you are gonna be paying the following day to avoid yet more late payment fines



good luck mate, if theres any way i can help feel free to ask,,,,, btw im still poor and have no money so its just moral support i can offer