When Will You Celebrate "D-Day" (Debt-Free Day)?

Started by Malthus, June 07, 2012, 09:03:02 AM

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When will you celebrate your personal debt-free day?

I'm debt-free right now!
22 (45.8%)
Within the year
2 (4.2%)
Within the next 5 years
4 (8.3%)
Within the decade
5 (10.4%)
Within the next 25 years
6 (12.5%)
More that 25 years, but I'll get there
2 (4.2%)
I'll be a debt-serf 'till I die, if not longer
7 (14.6%)

Total Members Voted: 47

Malthus

Quote from: Caliga on June 27, 2012, 06:10:37 PM
Quote from: Malthus on June 18, 2012, 04:00:02 PM
Heh my wife lost patience and paid off the remainder of the mortgage today with some money she had lying around in her chequing account - it was only a few thousand.
I keep telling Princesca to do this with our HELOC, since we have well more than enough in savings to pay it off, but for some reason she won't. :hmm:

I admit, paying off debt makes a reasonably good investment - even at these low interest rates, it's hard to find investments with a better return at low risk - but the primary benefits are subjective, not financial.
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane—Marcus Aurelius

Baron von Schtinkenbutt

Quote from: garbon on June 27, 2012, 03:24:42 PM
Just made my last car payment! :w00t:

I did that over 4 years ago. :P

My wife still has one, though. <_<

Warspite

Debt free, but mainly because I can't afford the deposit needed for a house in the current market. It's not simply a question of saving the money I would have spent on mortgage payments, as I have rent to pay.

Best of all, I very much doubt my parents intend on leaving me anything, because they will have spent it all by the time they die. Baby boomers. :lol:
" SIR – I must commend you on some of your recent obituaries. I was delighted to read of the deaths of Foday Sankoh (August 9th), and Uday and Qusay Hussein (July 26th). Do you take requests? "

OVO JE SRBIJA
BUDALO, OVO JE POSTA

Scipio

About to be approved on my 15 year at about 3%.

Two paid-for cars.

Almost out of consumer debt.

Life is good.
What I speak out of my mouth is the truth.  It burns like fire.
-Jose Canseco

There you go, giving a fuck when it ain't your turn to give a fuck.
-Every cop, The Wire

"It is always good to be known for one's Krapp."
-John Hurt

Capetan Mihali

"The internet's completely over. [...] The internet's like MTV. At one time MTV was hip and suddenly it became outdated. Anyway, all these computers and digital gadgets are no good. They just fill your head with numbers and that can't be good for you."
-- Prince, 2010. (R.I.P.)

mongers

"We have it in our power to begin the world over again"