Are you debt free?

I am debt free. I am not even too sure why people get into debt in the first place.. Obviously the way to stay debt free is to have a job and not to buy with money you do not have, I also see people spending lots of money on junk food and other stuff they do not need or others who do not have a job and refuse this or that job simply because they do not like it and so forth, then they get into debts and their life become more and more miserable. I guess a little bit of common sense goes a long way to stay free of debt, a little more common sense will even make you money, let alone staying out of debt.

I'm not, at the moment. So i guess i'm not that qualified to give you the advice. I'm just here to anwser your first question so that you know that there are lots of people who are in debt right now.

Well I haven't had a bad debt about credit cards because i don't own one. I also have a debt about $10 bucks from a direct seller of clothes, LOL. I will pay her once I've got my money this month because it is payable only for a month. I also have my ring pawned, don't know it is still consider as a debt. I've done it because I've invested it for one money making opportunity and hope to get my check for months this month of February. In that way, I could get my ring back from the pawnshop. I think I do have debts but I do it because I know I have the money to pay it soon. Credit cards aren't really necessary for me because cash are better than them. If you have credit cards and you are not responsible on spending you'll really get into trouble of having a bad debt. When that happens you'll only have a negative credita card rating and who knows you'll never be approved for credit cards again. Think before you decide, the pros and cons, it's the best way to saty away from debts. Hope it will help you. Thanks :)

I wish I was. I have never been this much in debt. We had a rough end of 2006. Thing's will get better soon. They can't get much worse, well they can, but you know what I mean

well what do you mean debt free, ok other than regullar bills we our like $500 - 600 for hosiptial bills unpaid and I owe my grandma $5000 Other that no debt no credit card or other bull we own our vehicals and at the moment we dont have our own place I feel debt free I guess

Well you decide...I don't have any credit card debt! Yeah I paid all 23 of them off! I dont owe for any student loans! I am a part-time real estate investor and the only thing that I owe is the mortgages, but all of my properties have a positive cash flow and so does my business. I made a conscious effort to pay all of my debt off except the mortgages before I was 40 as that is the age that I decided that I would no longer work for a company. So my 40th birthday present to myself was to quit my job with all of my debt (except the mortgages) paid. So I am celebrating 2 years. The reason that I have choosen not to pay off the mortgages is because I need something to offset my income.