Dave

Let's see,
$163K and change on the house
$27K on a home equity line/Visa (mostly home improvements, it's a "fixer-upper" that's well underway, prime minus 1% and the interest is deductible, still have enough available balance left for a new 996)
~$3K on other cards
<$4K on the boat loan, also tax deductible
$350 (2x $175) on her minivan

~ $200,000 I guess,

97xray

Oh Dave - I've got you beat!

160K: the house-mortgage (exactly 160, as of May 2004!)
14K: remaining on the BMW
27K: my educational loans (was it worth it... tough call)
15K: my wife's educational loans
~2K: outstanding on the porsche, ongoing expenses

=218K in debt!

... but that's it! We're actually sort of proud of those numbers. Over the past few years we've paid off >25K of our debt. While that doesn't seem like too much, it's really pinching pennies in our world.
Hey, maybe we'll have everything paid off before we die!?!

awilson40

I'm like a lot of you guys, I try to owe little or nothing.
I have a mortgage (small) and a car payment for my wifes Vue
even though I could have paid cash, at 0 % financing...
I will leave my $$ in the bank.
If you have to charge $$ to get out of an emergency thats one thing.
But running up debt for toys will just get you in trouble.
I'm also a firm believer in Tithing and living below your means.

Wachuko

Mortgage and the Nissan (always like to have the wife in a car that is new and under warranty), everything else is paid for.

Credit Cards... one that has zero balance and the corporate card for business-only expenses...

Everything else has to wait until I get the cash. I cut the credit cards and offers as they come in the mail...

I did have to use a cc when I had Porsche go over the 964 (resealing, change head studs, clutch, two tires, brake pads, etc.... US$6K uffff... glad to have paid that all off two months ago...)

But I have to be honest with the folks here... I have this itch in my hand that is wanting to go out and buy another car... something like a used Lotus Esprit... a Boxster S... I don't know... something nice...

And yes, I have always said here that I wanted a car that could accomodate my kids... more and more I am thinking, ahhh the heck with it...we have the other cars, let's get a two seater...

seb928s

Around 3000$ on credit cards. I'm working on paying those off will do in the next 6 months. Don't have a job or going to school right now so I just living off what I have. Hopefully the Porsche shop will pick me up soon really soon.

icat

I owe more than I'd like, but less than I'm comfortable with. Learned a long time ago to use credit to increase your worth, not pay for lunch. Having said that, I seldom carry cash, but I never leave home without the AMEX. I use it for everything and then pay it off at the end of the month. I've got two, one blue and one gold - but I usually use the Blue because I get cash back at the end of the year. This year I got $176 back on over $12k in purchases. Kinda like free money.

mpw

Seldom carry a credit card balance, but I use my AmEx card quite often. I like the purchase protection. My monthly bill is usually around $1000 and always paid off. I see no reason to pay cash if I don't have to. I owe about $12k on the Audi (which I bought new), which is why I'm looking for the 944. I'd like to pay cash for a car and have the cash balace to spend while at grad school. School is going to be paid for entirely by loans, so if I don't get any grants/scholarships, I'm looking at borrowing between $120k and $130k over two years. Not really that bad when you consider that the break even point for those loans is aboue 3-3.5 years after graduation.

tifosiman

I owe $$ for our house, and the two daily drivers that we have (New Civic and a Nissan Pathfinder). Other than that, I don’t make payments on things.

The 944 is just a toy, things only get done on it with extra money (bonus, taxes) or if I sell something that I don’t need anymore (car parts, etc……I even sold one of my bicycles to get a new transmission last year). That’s why the progress on it is somewhat slow. My thought is that if I don’t have the cash for some new whizzbang part for it, then I don’t need it.

Silverbullet951

$1,400 on 2 CC's

Joe Jackson

$232k owed on the house (just bought it in Sept. 2003). Other than that, nothing (pay off my CC every month). I rarely pay cash for anything mainly b/c I get 1% back on my card plus then I have a nice listing of everything I've spent money on. Helps me figure out where I could save some money. I don't spend money unless I know I have it (or can get it before my bill is due) which is how I've stayed out of CC debt even with a $12k limit. It's called self-control (something that apparently the average American does not have).

fiercestcalm

I'm with you Joe... Hardly carry cash, use credit cards for everything and track it. I've got a budget that I stick to and never carry balances over or pay finance charges. It's all about the self-control but it is NOT easy!

SpeedBump

I owe $$$$$$ to the mortgage company. I charge everything I buy on my credit card but pay it off every month. CC payment yesterday was 13K which is a little abnormal but it averages 6K and has been as high as 40K. I charged the 968 when I bought it. Just doing my part to help the economy.

Mark

DustinWayman

I owe 500 bucks to good ole' Mastercard right now, but none of that is car stuff. The Cab is all paid for and i havent spent too too much money on it so far.

Eyal 951

I owe about 145 bucks to my parents... I ordered my parts for the car on the internet and needed a card #, but i have the cash to pay em back.

Graufuchs

15 grand in school loans, 5g personal loan, 8g on a car-all paid off in 2yrs....All bills paid on time-and my credit is in the highest tier.....so for the next 2yrs.....itll be this saying.....I have all the credit in the world but no cash...Ill play with the lil bit of money I can and focus on paying off the rest....then itll be time to save for a house.... dohhhh