https://boards.hellobee.com/ Pregnancy, Baby and Parenting blog, by Hellobee en Fri, 10 Apr 2026 08:43:20 +0000 https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1846297 Wed, 03 Sep 2014 05:19:12 +0000 butterflyprism 1846297@https://boards.hellobee.com/ <p>After four years of my husband having major medical problems and being out of work, we declared bankruptcy this year which wiped out $221k in credit card and medical debts -- most of the cc debt was from paying bills like car insurance and buying groceries anyway. I don't feel embarrassed about the bankruptcy at all because it's not due to being clueless about managing money, it's because of reasons out of our control. We did what we could to lower expenses during his health crisis, including getting rid of cable and not fixing or replacing my car when it died (which also saved on gas, insurance, oil changes, and the extra money we were paying in rent every month for having two parking spots). In the end, we felt that we had two options: drown in debt and stress, or go bankrupt. And then when I got pregnant in January, I insisted that we start bankruptcy ASAP so that everything would be settled before the baby comes.</p> <p>He's now healthy, working part time, and should be working full-time by the end of this month. We have about $2k total debt on new cc's, which we will pay off once he starts the new job, plus my $55k student loan debt that's under 5% interest rate - Bachelor's and Master's degrees. And then under $500 in medical debt from the pregnancy so far, like the diabetic counselor my insurance wouldn't cover for my GD, but that will be paid once he starts his new job too. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1846267 Wed, 03 Sep 2014 02:41:03 +0000 snickers 1846267@https://boards.hellobee.com/ <p>Just my student loan which is about 8k. We have enough in savings that we could pay it off but its interest free so we are keeping the money in the bank. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1846191 Tue, 02 Sep 2014 22:33:57 +0000 Honeydew 1846191@https://boards.hellobee.com/ <p>Law school loans and a new car. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1845203 Tue, 02 Sep 2014 11:42:50 +0000 alphagam84 1845203@https://boards.hellobee.com/ <p>Less than 3K on my student loans. Once those are paid off I'm getting a Prius V and I'm so pumped! My husband wanted to get my car back in the spring but I didn't want to worry about a mortgage payment plus student loans plus a car payment so we're waiting until my loans are gone to get the car. Should be paid off in the next 2 months or so! </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1844359 Mon, 01 Sep 2014 18:34:14 +0000 dc yoga bee 1844359@https://boards.hellobee.com/ <p>Law school loans is our only debt. It's a single family home in the south. And I went to a public school on scholarship. SMH, it's all a scam. Just kidding. We make too much to qualify for the loan forgiveness program, which doesn't really make any sense. Yeah, we make a lot on paper, but $$$ goes to student loan payments each month. It makes it hard to save for a house, but that's a whole different story LOL. We both drove the same cars we got from our parents when we were 16, and my jetta finally died while I was in law school. I bought a used Honda that I could pay off quickly, yet will also last a while. So, we don't have a car payment thankfully. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1842525 Fri, 29 Aug 2014 20:13:44 +0000 lizzywiz 1842525@https://boards.hellobee.com/ <p>No debt except mortgage because it has always been a priority for us but in our case that means I also don't own anything nice, either. Someday I want to buy a car with an intact paint job! </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1842485 Fri, 29 Aug 2014 19:26:03 +0000 delight 1842485@https://boards.hellobee.com/ <p>We just make payments on one car. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1842477 Fri, 29 Aug 2014 19:16:35 +0000 prettylizy 1842477@https://boards.hellobee.com/ <p>Just cars and house for us. I have no idea how much our car debt is, especially since we lease DHs car </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1842433 Fri, 29 Aug 2014 18:14:08 +0000 Mrs Spoon 1842433@https://boards.hellobee.com/ <p>Debt free! </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1842405 Fri, 29 Aug 2014 17:28:33 +0000 Mrs. Lion 1842405@https://boards.hellobee.com/ <p>@DillonLion: we did the same thing. Worked second jobs and didnt spend anything. Paid off the student loans, saved our emergency fund, and then had a year with a lot of fun money before lo was born to do some traveling, fix up the house a bit, and enjoy our time together. When lo was born i was able to leave my job with no financial strain, and the freedom we have now is well worth the sacrifice. Hang in there!! </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1842353 Fri, 29 Aug 2014 15:58:51 +0000 Mrs tartan 1842353@https://boards.hellobee.com/ <p>@DillonLion: thank you :)<br /> I'm so impressed, it will all be so worth it next year when you have all that spare money. I tend to take debts over a bit longer and have some cash to splash, I wish I was more like you with money. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1842337 Fri, 29 Aug 2014 15:31:45 +0000 DillonLion 1842337@https://boards.hellobee.com/ <p>@Mrs tartan: It's all we do. We don't go out, take vacations, or anything else but pay our basic living expenses and every single other dollar goes to paying down debt. We've paid off 17,000 this year so far.</p> <p>Congrats on paying off your loan today!!! </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1842320 Fri, 29 Aug 2014 15:08:19 +0000 mrsjazz 1842320@https://boards.hellobee.com/ <p>$63k student loans (me)<br /> $5k credit card (both of us)</p> <p>My repayment plan for my loans has me done in 26 years. Ouch! Which will mean that I will be paying the loan x2 because of interest. Our plan right now is to pay down our credit card debt by the end of the year and then with DH's raise he will be the primary saver. I will then up my payments for my loan, I at least want to get it down to not be around the same time LO is in college. Ugh. I need to make more money, who told me to have a bleeding heart and work in non-profits? </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1842312 Fri, 29 Aug 2014 15:02:07 +0000 Mrs tartan 1842312@https://boards.hellobee.com/ <p>@DillonLion: clear 22k in one year! Wow impressive. Are you in a very well paid job now or not having to pay bills for a year?</p> <p>I've around 10k, I aim to have it paid off within the next 2-3 years. Car and personal loan.<br /> I paid the final balance of my student loan off today :) </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1842246 Fri, 29 Aug 2014 14:05:42 +0000 MrsTiz 1842246@https://boards.hellobee.com/ <p>12K including car and credit card. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1842194 Fri, 29 Aug 2014 13:35:47 +0000 LindsayInNY 1842194@https://boards.hellobee.com/ <p>@Mrs. Detour: I think our student loan interest rates range from 0.01% (no joke!) to 6.5 or 7.5%? I don't really even pay attention to paying them but I can't wait to have that income back in my pocket one day! I think we pay roughly $3k a month? Again, I try not to count lol ;) </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1842185 Fri, 29 Aug 2014 13:31:48 +0000 Mrs. Detour 1842185@https://boards.hellobee.com/ <p>@LindsayInNY: Same boat here. We have two sets of law school loans but the interest rate on most of them is lower than the rate of inflation for housing in our region so we're saving for a down payment. We'll be done with them in 8 years, but the total started at almost $300k. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1842165 Fri, 29 Aug 2014 13:18:16 +0000 HLK208 1842165@https://boards.hellobee.com/ <p>Bah.<br /> 35k for car<br /> 3k for second car<br /> 2k in credit card but we pay it off every other month. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1842118 Fri, 29 Aug 2014 12:35:38 +0000 illumina 1842118@https://boards.hellobee.com/ <p>I have a student loan of around £15K but it's very low interest and as I SAH I'm not currently paying anything back. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1841970 Fri, 29 Aug 2014 10:35:14 +0000 coopsmama 1841970@https://boards.hellobee.com/ <p>We have some debt left over from our son's birth but it is 0% interest and we could pay it off but it just makes more sense to just pay the hospital's minimum payment and it will be paid off by end of year. Otherwise, we're debt free. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1841957 Fri, 29 Aug 2014 10:29:29 +0000 LindsayInNY 1841957@https://boards.hellobee.com/ <p>A lot of student loans? Somewhere between $200-300k combined. I don't even know? And just added a 0% car payment last night! I don't mind any of it though. It'll all be paid off within 10-15 years I think? And we choose to save separately instead of pay them down. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1841952 Fri, 29 Aug 2014 10:23:57 +0000 namaste 1841952@https://boards.hellobee.com/ <p>Debt free because we just paid off our car loan in May. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1841894 Fri, 29 Aug 2014 10:02:46 +0000 teamjse 1841894@https://boards.hellobee.com/ <p>We are debt free. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1841889 Fri, 29 Aug 2014 10:02:03 +0000 kml636 1841889@https://boards.hellobee.com/ <p>Car loan of $30k and some 0% interest loans on stuff like couch, appliances, etc totally about 10k. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/3#post-1841868 Fri, 29 Aug 2014 09:50:10 +0000 Kimberlybee 1841868@https://boards.hellobee.com/ <p>My student loans, hospital bills, and 18 months left on our car. After this car is paid off, we'll be getting another car so we won't be debt free for awhile. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/2#post-1841856 Fri, 29 Aug 2014 09:42:24 +0000 .twist. 1841856@https://boards.hellobee.com/ <p>We have 20K in tax debt which we are slowly paying down.</p> <p>Besides that, it's just our mortgage. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/2#post-1841851 Fri, 29 Aug 2014 09:39:43 +0000 808love 1841851@https://boards.hellobee.com/ <p>We have a 0 percent interest solar water heater loan for 2 k but that is it! ;) </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/2#post-1841847 Fri, 29 Aug 2014 09:34:58 +0000 LaughLines 1841847@https://boards.hellobee.com/ <p>we're debt free except for mortgages, except we have 5 mortgages because we own 4 rental properties and our house.... so it's a LOT of mortgage debt. All the rental properties make more than enough rent income to cover the debt though.</p> <p>Also - we don't have any car debt but we're going to donate my 210k+ mile junker and buy a (used) car in January before my March due date for the baby. Don't want to buy one before January because we want to pay property tax on my old junker instead of the new car and that's based on what car you own Jan 1st. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/2#post-1841797 Fri, 29 Aug 2014 08:47:25 +0000 looch 1841797@https://boards.hellobee.com/ <p>@Ajsmommy: I agree, that when debt is used as part of your overall strategy, it isn't a bad thing...it's just something that we're not really taught how to use in that sense. </p> https://boards.hellobee.com/topic/how-much-debt-do-you-have-not-counting-mortgage/page/2#post-1841783 Fri, 29 Aug 2014 08:40:04 +0000 snowjewelz 1841783@https://boards.hellobee.com/ <p>Besides mortgage, like $23K - that's DH's student loans &amp; our car that we've only owned for not even a year so we still have a while to pay off. His student loans are under $10K so majority is the car. </p>