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My Debt? What?
I sure don't take pride in being
in debt, but I do take pride in my ability to be so far in debt, and not file
for bankruptcy. Unlike this one jackass who'll remain nameless. Look on the
site, eventually I'll be talking about him someplace.
Note, I do not list my home
mortgage here. I don't see a Home Loan as "debt" because you have an
asset that normally offsets the debt 100%. I should be able to sell my house off
to pay off the remainder of the loan at any time, unlike a car, a used lawn
mower, or a child ;P
| Who/What |
How
Much |
+/- |
Why |
| Business Loan |
24,955.72 |
-391.75 |
This business was closed,
we still owed money... I say we... but now it's really me... cause the dick
co-owner finked. Never trust a "friend"... |
| Mom |
37,200.00 |
+150.00 |
Investment in above
Business, and she helps pay the monthly payments on the loan because I
can't afford them. That's
why this one only goes up right now. On a good note, it's a partial retirement plan for her. :) |
| Car |
16,600.12 |
-302.40 |
Cause I have to drive...
however paying HORRIBLE interest rates because my credit sucks... which
sucks because of closing my business... and then some jackass filing
bankruptcy. Went up because I refinanced, which drove the amount up a
bit, but lower interest rates, and overall lower payment in the end. |
| Dad |
10,310.00 |
|
Investment in above
Business. |
| Sears Card |
800.00 |
-100.00 |
Refrigerator for
my new house.
|
| Visa Card |
1,177.40 |
+412.54 |
Lawn Mower,
Cordless Weed Eater/Edger, Lawn Stuff (grass seed, Hose). Bathroom
Renovation materials (Paint, Brushes, Ladder).
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| Personal
Loan |
4,888.17 |
-71.07 |
Used for misc.
expenses in moving, etc.
|
| Personal
Loan |
200.00 |
-98.00 |
Used to buy a
printer, a Hard Drive, and some other misc. computer parts.
|
| Misc. Debt |
2,713.42 |
-277.50 |
Basically this is an "anything else" section.
|
| TOTAL |
98,844.83 |
-678.18 |
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Decreasing my debt this
much each month will take 145 Months, or 12
years, to pay off.
Lot's of people have
suggested I file bankruptcy, but I could never bring myself to do it...
Hell my mom and dad both had the courage to sink a lot of money in to my
idea... and while it was a great idea, it just didn't work out and I'm a
much better person for trying. I could never sink to not repaying them...
Great
moments in my debt...
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Under 10,000 in debt |
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Under 20,000 in debt |
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Under 30,000 in debt |
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Under 40,000 in debt |
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Under 50,000 in debt |
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Under 60,000 in debt |
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Under 70,000 in debt |
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Under 80,000 in debt |
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Under 90,000 in debt |
| May, 2002 |
100,000+ in debt |
My Debt was last updated : Monday, May 19, 2003 09:11:12 PM
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