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      03-21-2011, 02:31 PM   #1
gunsekun
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How much debt do you have!?

Just doing some surveys to see how this generation rely on debts. Please exclude home mortgage!

I am 26. Total debt $40,000.. Mostly car loan..
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      03-21-2011, 02:35 PM   #2
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      03-21-2011, 02:35 PM   #3
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$0 till next year when I get the 335is but yes I do have a mortgage
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      03-21-2011, 02:36 PM   #4
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$0

And never really had a car loan. When I couldn't afford a "real car" I drove crappy beaters, or walked.
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      03-21-2011, 02:39 PM   #5
gunsekun
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Really? Not even student loans? Dammm
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      03-21-2011, 02:42 PM   #6
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I'm 26 and have no debt. Well I have some car debt because I need to build up my credit.
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      03-21-2011, 02:43 PM   #7
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Wrong section, should be in off topic discussion.
Btw 0$ some people buy cars they cant afford and end up in seriois debt... Bad move.
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      03-21-2011, 02:45 PM   #8
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Quote:
Originally Posted by beemw View Post
Wrong section, should be in off topic discussion.
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      03-21-2011, 02:50 PM   #9
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Quote:
Originally Posted by beemw View Post
Wrong section, should be in off topic discussion.
Btw 0$ some people buy cars they cant afford and end up in seriois debt... Bad move.
Not true.. All the time.. I would not dump my $40k in cash when I can get cheaper loan interest rate than money market rate
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      03-21-2011, 02:51 PM   #10
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I'm nobody's lawyer here, but I would advise any clients if they were here not to publicize that information.


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      03-21-2011, 02:55 PM   #11
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30K but it will be back to $0 in 15 months when I pay off my car.
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      03-21-2011, 02:56 PM   #12
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I'm 27.

Student loan debt: A lot
Car loan: Not much left.
Everything else: $0

But if I didn't buy a house/car/etc because of that, I'd be living in a box and using public transportation.
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Last edited by 1997gtx; 03-21-2011 at 03:08 PM..
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      03-21-2011, 02:59 PM   #13
gunsekun
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Btw.. This is for a paper that I am writing for graduate school..
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      03-21-2011, 03:02 PM   #14
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19, owe 8K left for my 335i
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      03-21-2011, 03:06 PM   #15
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I'm 27. Only debts are mortgage, car loan, and stu loan.
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      03-21-2011, 03:26 PM   #16
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Just my lease since you said leave out the mortgage, but if you wanted to take that into consideration, its a tad higher, actually much higher.
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      03-21-2011, 03:31 PM   #17
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This paper is biased though, you're asking a group of people who tend to have money and come from it. You might want to get some results from the lower class too.
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      03-21-2011, 03:32 PM   #18
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      03-21-2011, 03:33 PM   #19
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      03-21-2011, 03:35 PM   #20
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      03-21-2011, 03:41 PM   #21
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Quote:
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if you didn't have so many girlfriends you wouldn't be in so much debt


21 - 0 debt - mortgage
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      03-21-2011, 03:42 PM   #22
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Quote:
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if you didn't have so many girlfriends you wouldn't be in so much debt


21 - 0 debt - mortgage




You sure know where my problems originates from, MooMoo
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