Are you in debt...

@patialvi (715)
India
May 21, 2009 8:35pm CST
I always wonder how people manage to live when they have huge debt pending to clear. I had a very little debt amount and i was thinking on how to clear that soon. Thank god that i managed to do so and cleared the logs...but when i was in debt i was feeling heavy burden on my shoulders and i promised myself not to owe debt till the last option. I have seen many people borrowing money but never thinks of returning the same and they have a book of excuses to tackle the situation so perfectly that nobody can judge whether they lying or telling the truth..
3 people like this
4 responses
@marciascott (25555)
• United States
22 May 09
Yes, I am in Debt, I owe 5 Credit Cards, and I am out of a Job. The only way I can ever pay it back is won the lottery for a lot of money, and I doubt if that happens.
@patialvi (715)
• India
22 May 09
i do have a credit card but i use it only in emergency, if i am having the cash i won't use it. moreover i always drop idea of buying anything from credit card which can be delayed.
1 person likes this
@patialvi (715)
• India
24 May 09
hey, great opportunity for you. you can very good amount on this site..PM me if you want to know about the site...surely you can eliminate you bad debts.
1 person likes this
@marciascott (25555)
• United States
24 May 09
Ok, I am interested let me know. I want to make some extra money.
@sanuanu (11238)
• India
22 May 09
Big debt. Last year this time, I wasn't under any debt but since the Global recession hit our country, I lost job and we had faced a big loss in Share market. Now we are under Rs 100K debt. This is huge and I think even if I get a job right now, it will take at least an year to overcome this situaion.
@patialvi (715)
• India
22 May 09
recession made us stand nowhere...i hope you will overcome this very soon...
1 person likes this
@sanuanu (11238)
• India
22 May 09
The only thing which can make me over come from this situation is a job and I am trying to get some. Meanwhile, what do you do?
@TrvlArrngr (4058)
• United States
24 May 09
isn't everyone in debt? I get ahead then fall back then i get ahead then i fall back. its a vicious cycle with me. I am working my way back again now.
@patialvi (715)
• India
25 May 09
thats great that u r working on it....some never comes out of the debt
@SomeCowgirl (32270)
• United States
22 May 09
Debt, no matter how big or small can be a huge burden on someone especially if they feel they need to pay it off by certain time. In some cases they do need to pay it off. I let my small debt go for awhile and now it has gained interest and I am struggling to pay it because neither my fiance nor I have a job and we don't have much when it comes to money because we have to work with family to get it, and we don't want to burden their wallets! Well I am glad that you have gotten your debt paid off and I hope I can get my debt paid off soon!