How much debt do you have including mortgage etc..
Replies
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JustReadTheInstructions wrote: »JustReadTheInstructions wrote: »amorfati601070 wrote: »JustReadTheInstructions wrote: »Debt and credit scores are a racket. They don't mean anything. If I had to put a number on it though, like $348K
You know, the whole world is in debt anyway. Like, when you die...that debt...where does it go? Its just numbers then..bouncing around in a bubble of speculation.
Right? It's all in imaginary figures anyway. If all the databases went down tomorrow I wouldn't be in debt.
Actually, if you die and you plan to leave something to someone... ex life insurance they can't collect on the estate until the bills are paid. On a side note... if you leave no one anything then debts are absorbed and if you have no life insurance you will be buried. They don't just leave you in the street
Just throw me in the trash
Nah, I'mma stuff you and put you in my museum.2 -
RunHardBeStrong wrote: »JustReadTheInstructions wrote: »JustReadTheInstructions wrote: »amorfati601070 wrote: »JustReadTheInstructions wrote: »Debt and credit scores are a racket. They don't mean anything. If I had to put a number on it though, like $348K
You know, the whole world is in debt anyway. Like, when you die...that debt...where does it go? Its just numbers then..bouncing around in a bubble of speculation.
Right? It's all in imaginary figures anyway. If all the databases went down tomorrow I wouldn't be in debt.
Actually, if you die and you plan to leave something to someone... ex life insurance they can't collect on the estate until the bills are paid. On a side note... if you leave no one anything then debts are absorbed and if you have no life insurance you will be buried. They don't just leave you in the street
Just throw me in the trash
Nah, I'mma stuff you and put you in my museum.
I’m enjoying the dark comedic turn this has taken.3 -
JustReadTheInstructions wrote: »RunHardBeStrong wrote: »JustReadTheInstructions wrote: »JustReadTheInstructions wrote: »amorfati601070 wrote: »JustReadTheInstructions wrote: »Debt and credit scores are a racket. They don't mean anything. If I had to put a number on it though, like $348K
You know, the whole world is in debt anyway. Like, when you die...that debt...where does it go? Its just numbers then..bouncing around in a bubble of speculation.
Right? It's all in imaginary figures anyway. If all the databases went down tomorrow I wouldn't be in debt.
Actually, if you die and you plan to leave something to someone... ex life insurance they can't collect on the estate until the bills are paid. On a side note... if you leave no one anything then debts are absorbed and if you have no life insurance you will be buried. They don't just leave you in the street
Just throw me in the trash
Nah, I'mma stuff you and put you in my museum.
That's actually a thing you can do. It's called plastination.
I love all your random facts!1 -
GymGoddessGoals wrote: »Student loans and mortgage is all that is left now. 10yrs left on the house and I figure the student loans will be paid off sometime around age 73 or 74. Student loan debt is almost 3 times the amount of the balance on our mortgage. No car payments in 15+ yrs and no credit card debt. Our daughter gets married next June; the wedding is almost completely paid for already. Will we retire at 65? Probably not, but we live well. Our monthly budget? There is plenty leftover after the bills are paid.
If there's "plenty left over" after the bills are paid, why don't you throw it at your student loan debt?1 -
tinkerhellraiser wrote: »JustReadTheInstructions wrote: »amorfati601070 wrote: »JustReadTheInstructions wrote: »Debt and credit scores are a racket. They don't mean anything. If I had to put a number on it though, like $348K
You know, the whole world is in debt anyway. Like, when you die...that debt...where does it go? Its just numbers then..bouncing around in a bubble of speculation.
Right? It's all in imaginary figures anyway. If all the databases went down tomorrow I wouldn't be in debt.
Actually, if you die and you plan to leave something to someone... ex life insurance they can't collect on the estate until the bills are paid.
wow this is really super not true
life insurance is separate from the estate
without a Will yes you are correct, if you have a will and name that person then it is different
it also varies by state0 -
tinkerhellraiser wrote: »JustReadTheInstructions wrote: »amorfati601070 wrote: »JustReadTheInstructions wrote: »Debt and credit scores are a racket. They don't mean anything. If I had to put a number on it though, like $348K
You know, the whole world is in debt anyway. Like, when you die...that debt...where does it go? Its just numbers then..bouncing around in a bubble of speculation.
Right? It's all in imaginary figures anyway. If all the databases went down tomorrow I wouldn't be in debt.
Actually, if you die and you plan to leave something to someone... ex life insurance they can't collect on the estate until the bills are paid.
wow this is really super not true
life insurance is separate from the estate
without a Will yes you are correct, if you have a will and name that person then it is different
With a will yes estate pays bills.....but not with life insurance. They are two separate things.4 -
tinkerhellraiser wrote: »tinkerhellraiser wrote: »JustReadTheInstructions wrote: »amorfati601070 wrote: »JustReadTheInstructions wrote: »Debt and credit scores are a racket. They don't mean anything. If I had to put a number on it though, like $348K
You know, the whole world is in debt anyway. Like, when you die...that debt...where does it go? Its just numbers then..bouncing around in a bubble of speculation.
Right? It's all in imaginary figures anyway. If all the databases went down tomorrow I wouldn't be in debt.
Actually, if you die and you plan to leave something to someone... ex life insurance they can't collect on the estate until the bills are paid.
wow this is really super not true
life insurance is separate from the estate
without a Will yes you are correct, if you have a will and name that person then it is different
nah life insurance is separate from estate
a will got nothing to do with it
It's been my experience that the banks always get paid.0 -
tinkerhellraiser wrote: »tinkerhellraiser wrote: »JustReadTheInstructions wrote: »amorfati601070 wrote: »JustReadTheInstructions wrote: »Debt and credit scores are a racket. They don't mean anything. If I had to put a number on it though, like $348K
You know, the whole world is in debt anyway. Like, when you die...that debt...where does it go? Its just numbers then..bouncing around in a bubble of speculation.
Right? It's all in imaginary figures anyway. If all the databases went down tomorrow I wouldn't be in debt.
Actually, if you die and you plan to leave something to someone... ex life insurance they can't collect on the estate until the bills are paid.
wow this is really super not true
life insurance is separate from the estate
without a Will yes you are correct, if you have a will and name that person then it is different
nah life insurance is separate from estate
a will got nothing to do with it
It's been my experience that the banks always get paid.
Not from life insurance they wont.....unless the beneficiary chooses on their own to do so.5 -
tinkerhellraiser wrote: »tinkerhellraiser wrote: »JustReadTheInstructions wrote: »amorfati601070 wrote: »JustReadTheInstructions wrote: »Debt and credit scores are a racket. They don't mean anything. If I had to put a number on it though, like $348K
You know, the whole world is in debt anyway. Like, when you die...that debt...where does it go? Its just numbers then..bouncing around in a bubble of speculation.
Right? It's all in imaginary figures anyway. If all the databases went down tomorrow I wouldn't be in debt.
Actually, if you die and you plan to leave something to someone... ex life insurance they can't collect on the estate until the bills are paid.
wow this is really super not true
life insurance is separate from the estate
without a Will yes you are correct, if you have a will and name that person then it is different
nah life insurance is separate from estate
a will got nothing to do with it
getting off topic on this one. The point was to address what happens to your debt if you die. It doesn't get absorbed unless you died penny less and alone0 -
House paid off. I have one credit card that I actually make money on my getting 1.5% rewards and pay off monthly. The secret to my success has been beginning my retirement saving early and maxing out my 401K & Roth IRA. I have enough left over for whatever I want to do. I have sacrificed though by not having a big expensive home and nice cars both what I consider tax burdens. My wife and I plan to have a second home in Florida when we retire so the sacrifices of lesser home and autos now will pay off later.1
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Interesting topic but here goes... we are not bad off we still owe about 60,000 on our mortgage and other debt is about 3000 on credit cards mainly due to expenses from three yes three weddings in the next 8 months two daughter and one son all getting married1
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Over time, I've learned how to budget & correctly handle money.
Example:
I went to a neighborhood bar last Friday night and then the following Saturday morning I went back there for a conversation with one of the bartenders.
I asked him: "So, last night, did I come in here and spend $500.00 on booze and buying drinks for pretty girls who were obviously way out of my league and then stumbled out of here and went home alone around 2 AM ??"
He replied: "Yes, yes you spent a lot of money on drinks and women."
"Phew... that's good. That $500.... I thought I had wasted it."6 -
tinkerhellraiser wrote: »tinkerhellraiser wrote: »tinkerhellraiser wrote: »JustReadTheInstructions wrote: »amorfati601070 wrote: »JustReadTheInstructions wrote: »Debt and credit scores are a racket. They don't mean anything. If I had to put a number on it though, like $348K
You know, the whole world is in debt anyway. Like, when you die...that debt...where does it go? Its just numbers then..bouncing around in a bubble of speculation.
Right? It's all in imaginary figures anyway. If all the databases went down tomorrow I wouldn't be in debt.
Actually, if you die and you plan to leave something to someone... ex life insurance they can't collect on the estate until the bills are paid.
wow this is really super not true
life insurance is separate from the estate
without a Will yes you are correct, if you have a will and name that person then it is different
nah life insurance is separate from estate
a will got nothing to do with it
getting off topic on this one. The point was to address what happens to your debt if you die. It doesn't get absorbed unless you died penny less and alone
idk idk idk like @JustReadTheInstructions student loan debt will die whenever she shuffle off this mortal coil even if she a millionaire scientist by then
yes true if it was a federal loan and/or if the estate didn't have the funds to cover if a private loan and they are not married in a community property state. So single federal loan... good to go. Question is.. why would someone with a million even have student loan payments?0 -
JustReadTheInstructions wrote: »RunHardBeStrong wrote: »JustReadTheInstructions wrote: »JustReadTheInstructions wrote: »amorfati601070 wrote: »JustReadTheInstructions wrote: »Debt and credit scores are a racket. They don't mean anything. If I had to put a number on it though, like $348K
You know, the whole world is in debt anyway. Like, when you die...that debt...where does it go? Its just numbers then..bouncing around in a bubble of speculation.
Right? It's all in imaginary figures anyway. If all the databases went down tomorrow I wouldn't be in debt.
Actually, if you die and you plan to leave something to someone... ex life insurance they can't collect on the estate until the bills are paid. On a side note... if you leave no one anything then debts are absorbed and if you have no life insurance you will be buried. They don't just leave you in the street
Just throw me in the trash
Nah, I'mma stuff you and put you in my museum.
That's actually a thing you can do. It's called plastination.
This is very interesting to see on display. I've been to a few exhibits.1 -
JustReadTheInstructions wrote: »RunHardBeStrong wrote: »JustReadTheInstructions wrote: »JustReadTheInstructions wrote: »amorfati601070 wrote: »JustReadTheInstructions wrote: »Debt and credit scores are a racket. They don't mean anything. If I had to put a number on it though, like $348K
You know, the whole world is in debt anyway. Like, when you die...that debt...where does it go? Its just numbers then..bouncing around in a bubble of speculation.
Right? It's all in imaginary figures anyway. If all the databases went down tomorrow I wouldn't be in debt.
Actually, if you die and you plan to leave something to someone... ex life insurance they can't collect on the estate until the bills are paid. On a side note... if you leave no one anything then debts are absorbed and if you have no life insurance you will be buried. They don't just leave you in the street
Just throw me in the trash
Nah, I'mma stuff you and put you in my museum.
That's actually a thing you can do. It's called plastination.
This is very interesting to see on display. I've been to a few exhibits.
This shouldn't creep me out because it's really just a shell of our existence but this creeped me out to think there's dead people on display somewhere.2 -
JustReadTheInstructions wrote: »tinkerhellraiser wrote: »tinkerhellraiser wrote: »tinkerhellraiser wrote: »JustReadTheInstructions wrote: »amorfati601070 wrote: »JustReadTheInstructions wrote: »Debt and credit scores are a racket. They don't mean anything. If I had to put a number on it though, like $348K
You know, the whole world is in debt anyway. Like, when you die...that debt...where does it go? Its just numbers then..bouncing around in a bubble of speculation.
Right? It's all in imaginary figures anyway. If all the databases went down tomorrow I wouldn't be in debt.
Actually, if you die and you plan to leave something to someone... ex life insurance they can't collect on the estate until the bills are paid.
wow this is really super not true
life insurance is separate from the estate
without a Will yes you are correct, if you have a will and name that person then it is different
nah life insurance is separate from estate
a will got nothing to do with it
getting off topic on this one. The point was to address what happens to your debt if you die. It doesn't get absorbed unless you died penny less and alone
idk idk idk like @JustReadTheInstructions student loan debt will die whenever she shuffle off this mortal coil even if she a millionaire scientist by then
yes true if it was a federal loan and/or if the estate didn't have the funds to cover if a private loan and they are not married in a community property state. So single federal loan... good to go. Question is.. why would someone with a million even have student loan payments?
Because they can pry my money from my cold, plastinated hands
And a $2500 write off on student loan interest is something even a millionare can appreciate4
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