DEBT--How much debt are you in?
Only til tomorrow though.
06-06-2008, 10:14 PM
#49
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luckly at the moment i owe nothing but the mortgage, but i am struggling to keep my head above water at the moment and ive got another kid on the way, wish i hadn't took on such a big mortgage on a house with no garage! im doing loads of overtime at work at the moment but if i didnt i would be living out my savings( not much!) so i dont no what im going to do, even if the gf would let me sell the house i would still owe money on it as its not worth what i paid for it now! it would be nice to see the kids and not work all the time!, might have to start selling the cars soon
06-06-2008, 10:35 PM
#53
PassionFord Post Whore!!
no debt ive saved and worked my arse off for everything i own, my cars and other toys are all paid for
ive not got a house yet and i wont be getting one until i have saved a decent enough deposit so i havent got a large mortgage.
ive not got a house yet and i wont be getting one until i have saved a decent enough deposit so i havent got a large mortgage.
Last edited by steviecossie; 06-06-2008 at 10:51 PM.
06-06-2008, 10:42 PM
#54
PassionFord Post Whore!!
Just under 2.7k left that I owe to the procurator fiscal for a 'small' fine I incurred 
Apart from that everything is mine.
have run up 20k+ in the past but it is all payed off now
Apart from that everything is mine.
have run up 20k+ in the past but it is all payed off now
07-06-2008, 08:50 AM
#58
Jeebus
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Mortgage and student loan and thats it!
I have previously taken out loans or gone into my overdraft for cars and stuff and its worked really well for me, so debt can be a good thing if its under control!
When I was living at home I took out a loan for a car to force me to save some money rather than waste it all. Started off with nothing, bought a car for 6k uing the loan, paid off loan for 6 months or so (only about £450 a month), sold car for 7k, paid off the loan and was left with 4k cash to buy a new car with If I hadn't of done that I would have wasted it all on beer and stuff!
I have previously taken out loans or gone into my overdraft for cars and stuff and its worked really well for me, so debt can be a good thing if its under control!
When I was living at home I took out a loan for a car to force me to save some money rather than waste it all. Started off with nothing, bought a car for 6k uing the loan, paid off loan for 6 months or so (only about £450 a month), sold car for 7k, paid off the loan and was left with 4k cash to buy a new car with
If I hadn't of done that I would have wasted it all on beer and stuff!
07-06-2008, 11:05 AM
#60
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ive never had a credit card....id be fookin dangerous....
my house is worth 130k more than my mortgage, and ive only lived in it 3 months after we built it
but i never have much money in my bank....as soon as it goes in the cossie eats it
10k this year already
and it doesnt even run yet
my house is worth 130k more than my mortgage, and ive only lived in it 3 months after we built it
but i never have much money in my bank....as soon as it goes in the cossie eats it
10k this year already and it doesnt even run yetfook all debt nada
07-06-2008, 11:53 AM
#63
14000+ post superhero
so no ones up to their eyes in it and struggling? things cant be so bad after all then although no one is really going to post details of their out of control credit card/loans/finance payments so a bit of a pointless thread really.
07-06-2008, 12:27 PM
#67
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