How do you feel about debt?

Debt feels very nasty. I needed to have a mortgage as my home got unsuitable for my son that is in a wheelchair. I had to get a mortgage in 2010 and I worked hard to pay it off.

Me too.

I know medical problems in the USA can cost a lot of money. Sorry that you have hospital bills. I am lucky that I don't live in America. My daughter's birth and me being so ill afterwards would have cost a lot of money. Also my son is disabled and so thank goodness we have the National Health Scheme. Well done for never having credit cards.

This is very sensible of you. Many people don't limit how much they spend and can't pay it off the next month.

I did my degree when this was paid for my local authority. I only needed a student loan in my third year of my studies. I paid it off when I began my teaching job. Credit cards debt is best to pay off if it has high interest. Do you know your interest rate for your student loan?

@maximax8 Yes, I do know what it is. It's really low. It's like only 4-5%.

@dodo19 That is affordable then. Good luck getting it paid off.

Good luck getting rid of your debt. I know if someone has one debt it is easier to pay off. If someone has a few different debts Dave Ramsey's snowball method is the best way to pay it all off.

@TiarasOceanView I began my mortgage in 2010 and saw an adviser in 2012. I changed my mortgage from another 23 years to 10 years. Then in 2013 I began overpaying my mortgage. I was allowed to pay up to £500 more than my direct debit payment with no fees. If I paid more than I have to pay a 5% fee.

@maximax8 Yes that is how I do it too Maxi thank you. I usually pay the lowest first and get rid of it that way. Glad you got rid of yours.

The person that pays the minimum balance pays off hardly any debt. Having one debt is very scary and yet having five of them would make a person lose sleep with all the worry.

Some Americans face credit card debts with high interest rates. I think Dave Ramsey is excellent at helping such people. I am pleased your secured loans have interest rates of less than 6%.

Paying off full every month is very sensible. Good luck paying off your student loan debts and car lease. I only took out a student loan in the third year of my degree. I had to do a further away teaching practice and buy a lot more books.