What Amount Would It Take To Get You Out Of Debt?

[Azzan]

I don't much care for the question either. It's too open ended.

I'm in the same boat as Michlow. The only debt I carry is a morgage but that puts me into the 100K plus bucket too.

I wonder how age and location factor into this poll?

[Digging4Truth]

Originally Posted by Azzan

I don't much care for the question either. It's too open ended.

I'm in the same boat as Michlow. The only debt I carry is a mortgage but that puts me into the 100K plus bucket too.

I wonder how age and location factor into this poll?

Yeah. But, at the end of the day, it still boils down to a "to each their own" issue. When I lived in Houston I lived in the outlying cities because that is where I had to live to find houses in the range i was willing to pay.\

Some are willing to pay $500,000. Some are not.
Some are willing to pay $250,000. Some are not.
Some are willing to pay $100,000. Some are not.

So our mortgage still reflects our own monthly outgo. The good part is that you have something for it. At least it's not credit card debt.


People who live debt free make some hard sacrifices to do so.
People who have large mortgages also make some hard sacrifices.

It just boils down to our life choices.