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Started By
Message
1
Posted on 11/6/25 at 11:06 am to RLDSC FAN
Not much.
70K mortgage balance (i think)
21K car loan
700 bucks (CC debt)
No student Loans
Husband and I make more money than ever and we are both confused on how people are affording 500-600k homes, private tuition, VERY nice cars and lots of vacations in a year on teacher salaries
70K mortgage balance (i think)
21K car loan
700 bucks (CC debt)
No student Loans
Husband and I make more money than ever and we are both confused on how people are affording 500-600k homes, private tuition, VERY nice cars and lots of vacations in a year on teacher salaries
Posted on 11/6/25 at 11:15 am to SlickRick55
quote:
Inflation went sky high a couple years ago, I saw no one adjusting their spending.
Which leads to more inflation. The American people like their government, spend way over their means.
Posted on 11/6/25 at 11:18 am to RLDSC FAN
We have a mortgage that would seem eye watering to most. That's enough for us.
Posted on 11/6/25 at 11:19 am to RLDSC FAN
quote:
Americans' household debt hits new record high
No shite.
This is kind of a stupid headline because household debt is generally always increasing. It's a meaningless "stat" on its own.
Posted on 11/6/25 at 11:20 am to tigafan4life
quote:
Husband and I make more money than ever and we are both confused on how people are affording 500-600k homes, private tuition, VERY nice cars and lots of vacations in a year on teacher salaries
ditto. this article and the stats help explain it tho.
Posted on 11/6/25 at 11:22 am to RLDSC FAN
None here. Mortgage paid off a few years ago and try to live debt-free.
I grew up really poor, and I have a strong need for financial security. Debt stresses me out.
I grew up really poor, and I have a strong need for financial security. Debt stresses me out.
Posted on 11/6/25 at 11:28 am to SlickRick55
quote:This. This. This. This.
Inflation went sky high a couple years ago, I saw no one adjusting their spending.
There is nothing more frustrating than people complaining "I'm so poor, I can't pay for xxxxxx" and they have the new iphone and new iwatch.
Posted on 11/6/25 at 11:41 am to FearTheFish
quote:
There is nothing more frustrating than people complaining "I'm so poor, I can't pay for xxxxxx" and they have the new iphone and new iwatch.
IPHONES!!!!!!!!!!!!!!!!
Posted on 11/6/25 at 11:42 am to bad93ex
quote:
but it will all pay off when Jaxtyn gets that baseball deal.
Don't cheapin on the pitching coach it will cost more later on.
Posted on 11/6/25 at 11:43 am to RLDSC FAN
0 debt for the last 8 years
Posted on 11/6/25 at 11:46 am to Joshjrn
quote:
Including primary mortgage and student loans?
Yea these two are a little different than other debts, assuming you didn't get a basket weaving degree
Posted on 11/6/25 at 11:47 am to Shexter
quote:
The result of 30%+ price gouging without wages increasing.
You talking housing? Try 100% gouging.
And that's just the last few years.
Posted on 11/6/25 at 11:47 am to RLDSC FAN
The old adage was to never spend more than 30 percent of your take home pay on housing. That got blown out of the water.
Posted on 11/6/25 at 11:47 am to lepdagod
quote:
Imagine building a PRIVATELY FUNDED extravagant ballroom at this time
Dumbass
Posted on 11/6/25 at 11:49 am to RLDSC FAN
$0 but somehow I live pay check to pay check
Posted on 11/6/25 at 11:52 am to LNCHBOX
quote:
Dumbass
frick your race-card playing arse… you a clown
Posted on 11/6/25 at 11:57 am to RLDSC FAN
This data is meaningless unless adjusted for inflation and population. Even with no changes in borrowing habits, debt levels will inevitably set records every year on a nominal basis, all else being equal.
This post was edited on 11/6/25 at 12:00 pm
Posted on 11/6/25 at 12:06 pm to RLDSC FAN
$18k truck and credit card, will be paid off next year.
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