I’m keeping it simple on this lovely Friday afternoon. I’m gonna ask a simple question and would LOVE it if ALL of you who read this, responded in the comments below. This is a great opportunity for you creepers that have never commented before to finally contribute 🙂 Ok, here’s the question….
How much debt do you have?
Booya. Nice and simple right? Just add up all debts you have (not including house) and post the total below. If you want to elaborate further, some additional questions are…
How many different debts do you have and what are there balances? (2 credit cards, 1 auto, 2 school loans, etc)?
What is the interest rate on each debt?
What was each accounts original balance?
When do you plan to be debt free?
Here are my answers…
Total Debt: $4,500 all student loan debt at 7% interest.
Original balance: $28,000 on (02/01/2008)
Debt Freedom: I will be debt free by 08/08/10
That’s all there is to it kiddos. I’m really curious to see what your balances are, not so I can compare myself to you, but so that WE can encourage eachother. Statistics say the average americans credit card debt is around $8,000. Will that hold true for PDITF readers? Indulge me please and take 5 minutes out of your day to respond.
Happy friday 🙂