is everyone in debt, or just everyone my missus knows?

[JDC]

according to the missus I'm the only person she knows who isn't in debt (not including mortgages), just wondering how common this is

personally I'd rather stay so far away from debt that it would be in another galaxy

[Spitfire]

i have student debt still... shame since my course turned out to be a total waste of my time, wasn't what i was hoping for at all.

[Antag]

Probably very uncommon - well done.

FWIW, aside from a relatively small mortgage, I have a few months left on car finance & pay my credit card off every 3-4 months.  I reckon my debt position is better than most...

[HTH AMPS]

I have WAY more debt (non-mortgage) than I'd like - will need to make inroads into paying it all off (again).  Most people I know are in a similar position.

[Adam.M]

Im screwed, completely, for a long time.

But im still trying to buy a JCM800, hehe!

[badgermark]

Just student debt here. I seriously plan not to get into any other debt than a mortgage. No credit cards for us, just cold, hard saving...

[stuh84]

I have no unsustainable debt if that answers your question.

I have a loan to pay for my car which I've never defaulted on, and doesn't take up much of my income, and I have my student loan.

Besides that, I'm on the good side, no debt here at all :D

[38thBeatle]

I have a few but nothing out of control like many I know. My son was married to an evil bitch who went mad of his card (he'd let her use it) after they had parted-he thought it was a trial separation, she had other ideas.Anyways, he ended up having to face a mountain of debt and I had to bail him out as he had lost his job at the time and was desperate.I could have bought quite a few custom guitars with the money I had to let him have (it was actually money I had earmarked for some major work on my house). It is a bit ironic because  have never used credit cards to any great extent. A lesson for anyone out there thinking they are in love and getting a bit free and easy with money they don't have. It is going to take him years to pay me back.

[Philly Q]

according to the missus I'm the only person she knows who isn't in debt (not including mortgages), just wondering how common this is

personally I'd rather stay so far away from debt that it would be in another galaxy

I'm with you, JDC - no debts (except mortgage), no overdraft, pay the credit cards every month.  Sorry, I know that sounds smug.

My mortgage is 18 years old, so doesn't cost me much, which helps.  Plus I have no expensive addictions (guitars, CDs and DVDs excluded - and I've cut down on those), no car, no great urge to travel.  And, unfortunately, no wife/GF or kiddies.

So in my case, "no life" is the recipe for "no debt", I guess.    :?  :|

[MDV]

I have a student loan to pay off, but thats it.

Most people I know that have (non-house-related) debt have it from credit cards.

If thats a problem for any of you, heres a trick I find works extremely well:

Dont spend money that you dont have yet  

[Johnny Mac]

I don't have any debts apart from a small mortgage and a very small bank loan for a car. It's the only way to be IMO. $%&# all that credit card cr@p!

[Johnny Mac]

I have a few but nothing out of control like many I know. My son was married to an evil bitch who went mad of his card (he'd let her use it) after they had parted-he thought it was a trial separation, she had other ideas.Anyways, he ended up having to face a mountain of debt and I had to bail him out as he had lost his job at the time and was desperate.I could have bought quite a few custom guitars with the money I had to let him have (it was actually money I had earmarked for some major work on my house). It is a bit ironic because  have never used credit cards to any great extent. A lesson for anyone out there thinking they are in love and getting a bit free and easy with money they don't have. It is going to take him years to pay me back.

She sounds like a nice girl! Did you chase her up in the courts to get the money back from her?

[Sailor Charon]

I've had to borrow money from myself a couple of times, but... no. No debts.

[Jonny]

I don't see how people have the mindset that they should use money they don't have and think they can pay it back? I'd never do that. Well, I suppose I'm only saying it to those who are absolute bonkers. Like said woman up there ^

I'm soon to have student debt which won't be fun but hopefully I can live with it.

[_tom_]

I'm allready about 6 grand in debt from student loans and thats only for my first year :|I dont think I want to get a credit card, seems too easy to spend money you havent got. At least with a debit card, you know how much you have to work with.