How much debt...

[Bishka]

I believe it's the paying off that builds it. I would still look into a credit card. I've heard that it is optimal for a student to have 2 credit cards. Just make sure you don't carry balances on them. If someone doesn't have the willpower to control spending, they should avoid credit cards like the plague.

That's my problem. I'm afraid that I wont' be able to control my spending. I'm better off not having them, perhaps I'll get my husband one -- he's the one who has much more willpower and control.

 

[Bastet]

One thing is crystal clear to me thus far. No one so far owns a house in Southern Cali. That easily over 500k...

Either that or they're rich enough to have paid cash.

 

[lizskid]

I owe nada except half of the small amount left on our mortgage. That should be paid off within 3 years. I have, in the past, however, been up to 12K in debt when I was out of work.