Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "How much debt you have? Mortgage and student loans included."
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]Age 44 married with one kid. -23k in student loan debt at 2.5%. Could pay this off tomorrow but the rate is so low it seems stupid. It annoys me but is not really a burden. - 300k mortgage on a home worth maybe 700k. 3%. I would LOVE to move but we are stuck due to interest rate and school. Plan is to move in about 4 years. We have a lot in savings and investments so I'm hoping to either go mortgage free or do a much smaller mortgage for our next home. Basically I get the point of using borrowing at low rates to build wealth and engage in it but I also loathe owing money and being tied to things for years and years. Spouse and I argue about this a lot because I just have less tolerance for debt (and debt payments) than he does. I want to be debt free before retirement and he doesn't think it matters. He's probably right on the finance side but to me there's a peace of mind that comes from being debt free and that's worth something.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
