how much debt do you have?? actually few americans have a million dollar investment portfolio....

I have no debt so that's good. I have no credit still either which is wild since I'm almost 29. I've owned 10 cars but I bought them all on the spot in cash. Never had a car payment. Never got a loan. Never got a credit card & never financed anything. Whenever I wanted something bad enough I would save up & buy it fully because I don't wanna pay double the price just because of interest.

I do live paycheck to paycheck though since I have no savings either. This all makes me think it's about time I get started planning financially for my future

ScreamingFox · 41-45, F

I had to take out a loan to do some repairs on my house but am otherwise debt free. No mortgage, no car payment, no credit cards. I will likely have to work till I die though. As fortunate as I've been there's no way for me to save money.

whowasthatmaskedman · 70-79, M

Zero debt. Close to $2M in assets (mostly the house) $100K in cash or investments and $60K PA indexed income. I would call that "comfortable"😷

rinkydinkydoink · M

I've "future" debt, for sure. (The house needs a few repairs - if and when I get around to it.)

Confined · 56-60, M

Paid off my house. No dept. Not enough in retirement savings but other wise stable.

RailroadRambler · 22-25, MNew

Too much for what I’m paid💀😩

Cigarguy · M

We have our house and that's it

Mordechai · 31-35, M

I have 0. I only use my credit for convenience and for credit score.

durinsBane1983 · 46-50, M

zero debt thank goodness.

Eddiesolds · 61-69, M

Im thinking about 6 grand..and then theres my morgage.

DDonde · 31-35, M

I do not have any debt right now. Last time was paying off a 2009 car I bought two years ago.

MayorOfCrushtown · M

I’m somewhere between Bill Gates and the guy begging for money on the street corner.

Ferric67 · M

No financial debt
Just karmic

MarineBob · 56-60, M

Zero personal debt, my company is about 100 grand in debt

ScarletWitch · 31-35, F

0 debt. 0 money

swirlie · 31-35

actually few americans have a million dollar investment portfolio.

🤣...actually, few Americans have less than $8,000 in credit card debt which they carry forward from month to month, while only ever paying the minimum monthly payable in interest!

That's precisely why the USA is $37Trillion in National Debt today, because the American culture is all about living rich on borrowed money.