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Mud_Till_May
USA Fan
Member since Aug 2014
7463 posts

TheFonz
LSU Fan
Somewhere in Louisiana
Member since Jul 2016
13386 posts

re: Debt Confessions
Let me know when your house is up for auction so I can buy it and flip it.


Mud_Till_May
USA Fan
Member since Aug 2014
7463 posts

re: Debt Confessions
quote:

Let me know when your house is up for auction so I can buy it and flip it.


Not me Baw, your wife.


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40
Armymann50
LSU Fan
Maurepas in a park model
Member since Sep 2011
8937 posts

re: Debt Confessions
debt free and retired


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20
Saint Alfonzo
Syracuse Fan
Member since Jan 2019
6056 posts

re: Debt Confessions
Just a mortgage. No car payments, no credit card debt, no student loans (thanks G.I. Bill).


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10
SG_Geaux
LSU Fan
Googolplex Posts
Member since Aug 2004
68930 posts

re: Debt Confessions
Mortgage and one car payment at the moment.


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20
TigerGrad2011
Member since Aug 2016
961 posts

re: Debt Confessions
If it weren’t for student loans we’d be good outside a very manageable mortgage.


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danilo
Member since Nov 2008
8012 posts

re: Debt Confessions
Zero ..... but a renter. Looking to change that soon
This post was edited on 5/21 at 10:49 am


Mud_Till_May
USA Fan
Member since Aug 2014
7463 posts

re: Debt Confessions
quote:

Zero ..... but a renter. Looking to changes that soon


Don’t do it now, houses are over priced. How much cash do you have?


FishinTygah84
LSU Fan
LA
Member since Dec 2013
1505 posts

re: Debt Confessions
238k left on house. no other debt. 35 yrs old


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danilo
Member since Nov 2008
8012 posts

re: Debt Confessions
quote:

Don’t do it now, houses are over priced. How much cash do you have?

Willing to put down $80k-$100k


CaptainJ47
Hawaii Fan
Gonzales
Member since Nov 2007
5875 posts

re: Debt Confessions
14mins? GFY


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dgnx6
LSU Fan
Baton Rouge
Member since Feb 2006
39028 posts

re: Debt Confessions
shite my mayor owes more in taxes than I make yearly.


Loup
McNeese State Fan
Ferriday
Member since Apr 2019
1520 posts

re: Debt Confessions
In my younger years I went over 10k in credit debt while on an internship that barely covered my bills. That shite was tough to dig out of. Took me like 8 years to pay it off. I was trying to pay as much as possible and then when something came up i'd have to use the card again and could never get out from under it. Ended up putting it on a low interest card and saving for a year while paying the minimum. once i had a safety net of cash built up i knocked it out. I couldn't imagine being 100k in credit debt.

ETA: my bills are under $500 a month now
This post was edited on 5/21 at 10:46 am


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JumpingTheShark
USA Fan
America
Member since Nov 2012
18911 posts

re: Debt Confessions
This stresses me out, not watching.


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10
BabyTac
Louisiana Tech Fan
Austin, TX
Member since Jun 2008
7101 posts

re: Debt Confessions
Zero debt. Just paid off my house last month.


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10
BARNEYSTINSON
LSU Fan
Member since Oct 2011
645 posts

re: Debt Confessions
Not all debt is created equal. I have mortgage at extremely low rate so will never pay off early, and anything I can get 0% interest on I do. Use their capital so I can get return on mine.

Anything with a normal interest gets paid off monthly.


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TigerintheNO
LSU Fan
New Orleans
Member since Jan 2004
33645 posts

re: Debt Confessions
quote:

shite my mayor owes more in taxes than I make yearly.


At least your mayor pays her taxes.


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Mud_Till_May
USA Fan
Member since Aug 2014
7463 posts

re: Debt Confessions
quote:

Willing to put down $80k-$100k



Buy a foreclosure and fix it up. Bank owned home would do too.


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