this post was submitted on 20 Oct 2023
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Hear about how much debt everyone in the US has all the time, curious about some of your stories!

My bad debt is 10k left on a school loan from a for profit school that is now out of business.

Only other debt is house.

So how are you all doing with debt management?

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[โ€“] [email protected] 8 points 1 year ago (1 children)

Bad, as a % of annual gross pay is about 25% of one year's pay. Mostly the deficit accrued from when my ex was not working. It's smaller than it was, but not by much. But moving in the right direction at least.

Plus mortgage on the house and a separate loan for the roof we had put on when we bought it.

[โ€“] [email protected] 4 points 1 year ago

Hey man as long as it's getting smaller, it'll be gone eventually!