Do you have a lot of debt?

I think about how I will have 30-year mortgage...that's a payment every month for the next 30 years...360 months...10,957 days (included 7 leap years)

I like to think of a house as an investment, not debt.

i wouldn't think about mortgage as debt. that's the one thing even though it's a monthly payment that i don't consider debt, because it's an investment and the tax benefit is HUGE!

i think of thinks like credit cards and high interest loans as debt.... and i used to have over $10k in CC debt years ago, but luckily I got great bonuses and after paying it off at least 2 years in a row, I have never racked up that much debt again.

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Posted by MrsK2008

I like to think of a house as an investment, not debt.

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I agree!! it's just so expensive in NY!!

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Posted by MrsK2008

I like to think of a house as an investment, not debt.

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Absolutely! I say the same thing about my expensive handbags!

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Posted by snwb08

i wouldn't think about mortgage as debt. that's the one thing even though it's a monthly payment that i don't consider debt, because it's an investment and the tax benefit is HUGE!

i think of thinks like credit cards and high interest loans as debt.... and i used to have over $10k in CC debt years ago, but luckily I got great bonuses and after paying it off at least 2 years in a row, I have never racked up that much debt again.

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HAHA, I know, but it's still a HUGE loan! lol

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Posted by Mici n KC

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Posted by snwb08

i wouldn't think about mortgage as debt. that's the one thing even though it's a monthly payment that i don't consider debt, because it's an investment and the tax benefit is HUGE!

i think of thinks like credit cards and high interest loans as debt.... and i used to have over $10k in CC debt years ago, but luckily I got great bonuses and after paying it off at least 2 years in a row, I have never racked up that much debt again.

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HAHA, I know, but it's still a HUGE loan! lol

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i know. and it's totally scary at the closing when you see those numbers! but when you get your tax refund you'll be

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Posted by bluekat16

It's daunting I know...but eventually you can double pay as your situatuion changes and get done with it sooner.

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So true. My uncle did that and paid his 15-year mortgage off in 9 years!

I am a budgeter, big time.

I sat down with FH and we made a priority budget.

After all is said and done, rent, fuel, cable, utilities, groceries no extras we have about 1200$ to play with.

Which I insist half goes into savings.

And it's tight, but do able.

I have been faced with decisions in the past that go something like this:

Ok, I have 40$ to last a week. I need tampons, food and train fare.........

lol

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Posted by Mici n KC

I think about how I will have 30-year mortgage...that's a payment every month for the next 30 years...360 months...10,957 days (included 7 leap years)

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Hahahaha - I haven't thought about it like that YET. I'm more concerned with the price of the appliances I love.

its not a debt hahaha so you'll be fine.

As far as real debt, i paid some of it off but i didnt have alot to begin with. I think i have 1 CC i owe money on and its around $2k or under. OH yeah and i owe the dmv some money. After the wedding, im paying it all off at once since its not alot.

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Posted by MrsK2008

I am a budgeter, big time.

I sat down with FH and we made a priority budget.

After all is said and done, rent, fuel, cable, utilities, groceries no extras we have about 1200$ to play with.

Which I insist half goes into savings.

And it's tight, but do able.

I have been faced with decisions in the past that go something like this:

Ok, I have 40$ to last a week. I need tampons, food and train fare.........

lol

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You can get those rinse and reuse maxipads!

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Posted by LuvMyAlfonse

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Posted by Mici n KC

I think about how I will have 30-year mortgage...that's a payment every month for the next 30 years...360 months...10,957 days (included 7 leap years)

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Hahahaha - I haven't thought about it like that YET. I'm more concerned with the price of the appliances I love.

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OMG is that the weird dragon thing from the neverending story??? Falcor???

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Posted by LuvMyAlfonse

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Posted by Mici n KC

I think about how I will have 30-year mortgage...that's a payment every month for the next 30 years...360 months...10,957 days (included 7 leap years)

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Hahahaha - I haven't thought about it like that YET. I'm more concerned with the price of the appliances I love.

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Have you seen the microwave/convection oven by GE with the wireless probe cooker!

I covet it!

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Posted by Mici n KC

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Posted by MrsK2008

I am a budgeter, big time.

I sat down with FH and we made a priority budget.

After all is said and done, rent, fuel, cable, utilities, groceries no extras we have about 1200$ to play with.

Which I insist half goes into savings.

And it's tight, but do able.

I have been faced with decisions in the past that go something like this:

Ok, I have 40$ to last a week. I need tampons, food and train fare.........

lol

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You can get those rinse and reuse maxipads!

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lmao, so true

GO GREEN

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Posted by Mici n KC

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Posted by MrsK2008

I am a budgeter, big time.

I sat down with FH and we made a priority budget.

After all is said and done, rent, fuel, cable, utilities, groceries no extras we have about 1200$ to play with.

Which I insist half goes into savings.

And it's tight, but do able.

I have been faced with decisions in the past that go something like this:

Ok, I have 40$ to last a week. I need tampons, food and train fare.........

lol

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You can get those rinse and reuse maxipads!

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eeeewww

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Posted by LuvMyAlfonse

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Posted by Mici n KC

I think about how I will have 30-year mortgage...that's a payment every month for the next 30 years...360 months...10,957 days (included 7 leap years)

---

Hahahaha - I haven't thought about it like that YET. I'm more concerned with the price of the appliances I love.

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Thankfully all the appliances are new so we won't need anything just yet. I want to furnish the basement with a bar, recliners, 60' HDTV, carpet