Are you currently in a lot of debt? If so, how much and why?

I am doing research for a paper in my sociology class!

I realize we all fall short in life when it comes to debts, credit cards, loans and car payments. Not to mention the kids need money for college, and then you have to worry about retirement!! It seems like it%26#039;s a never ending saga!

How much debt do you currently have and what%26#039;s the primary reason? You don%26#039;t have to be specific if you don%26#039;t feel comfortable doing so. Any help would be greatly appreciated! Thanks!

Are you currently in a lot of debt? If so, how much and why?

Yes i am deeply in debt , I%26#039;m not sure the excact amount, but it is around 25-$30.000 of credit card debt and a small loan. about 10,000 or more of that debt is late fee%26#039;s and interst rates, The reason is no self control, if i seen somthing , i didnt see no reason to go with out it if i had some plastic in my wallet , so i baught things i wanted and thought i needed and went until that plastic would not take me anymore , i got near me yearly incom,e of debt , and had some cloudy thoughts and figured why not max out and file bankrupt, and i am curtrently looking into that , i know what i did was wrong? but i cant go back now?? . i did have good intentions .

Are you currently in a lot of debt? If so, how much and why?

I%26#039;m about $3,000 in debt and only 19 and in college and none of it is directly from me. My mom charged bills to the cards.

Are you currently in a lot of debt? If so, how much and why?

I have around $750,000 in debt. This is on real estate investments. I also typically have $2000-$6000 in revolving debt. I pay this off every month.

The investment debt is %26quot;good%26quot; as it is making me money. The revolving (credit card) debt is %26quot;bad%26quot; so I pay it off immediately.

Are you currently in a lot of debt? If so, how much and why?

Yes, college, weddings, residence, automobiles, etc.

Are you currently in a lot of debt? If so, how much and why?

I am 26 and I owe nothing to anyone. I have over $1,270,000 in the bank, I own my home, my cars, my boat and I have no credit cards. Hell, I don%26#039;t even have a credit score!

I am NOT in debt because I only bought what I could pay cash for, I save what I don%26#039;t use, I educated myself to understand the financial world and I work hard.