kaudrey
Thinks s/he gets paid by the post
I am quite debt averse, but am OK with a mortgage and an occasional car loan. My 5.875% fixed rate $230K mortgage isn't worrying me. It's about 33% of my take home pay (after taxes, after maxing out my 401(k)). And I have about $350K in equity in the property.
Right now I am debt free except for the mortgage. Credit card debt is "evil" debt to me, and unless something totally unforeseen happens, I hope never to carry a balance on my credit cards.
Right now I am debt free except for the mortgage. Credit card debt is "evil" debt to me, and unless something totally unforeseen happens, I hope never to carry a balance on my credit cards.