How far in the hole are you?

I'm in about $3k worth of debt. That's fairly significant given what I earn. Most of the beyong-pay-checkspeanding I do is to keep my damned (but cute) pets alive and happy.

Zero debt at my place. Paid cash for the house and car. Pay off the one card before the due date. I attribute it to my Russian grandparents who thought the Czar's debtor's prision still existed in America. I didn't even get a credit card until I was almost 30 because of debt phobia. I'm also rather frugal. I believe in quality not quantity. I am also one of those rare people who does not enjoy shopping. I inherited most of my furniture and if I need clothing I prefer to order from a catalog or on-line. I can't remember the last time I was in a mall. I also tend to just pay cash if I do buy something in a store.

My grandfather thought going into debt was like selling your soul to Satan and based on what I know about credit card companies, I think he was right.

What the hell? I realized I had an option for $15K+, or actually "I'm screwed."

But it's not there.

I have a mortgage and monthlys but nothing else. I haven't had a credit card since college and I just paid off my Jeep a couple months ago.

My only source of income in college was my credit card and they gave me a free two liter of pepsi and a t-shirt just for applying.

I don't use my credit cards anymore, but I still have a balance I built up from the last couple years. I plan on having them zeroed within the next 3 months. I don't owe a ton of money, but since I'm paying them off in a short time period, I can't wait until those payments disappear.

I did pick up a sweet job later in my college career as a Red Lobster waiter, pulling in around $120 a week. Just got me enough food to live, and enough alcohol to kill myself.

One reason I definitely want to be (revolving) debt free is for when I buy a condo/house. Gonna need that extra $$ for the mortgage.

creditcard gets paid off in full every month - owe of the home and teen kids are live revolving debt

I let the credit cards build up a couple of times when I was between jobs. It's amazing how easy it is to build up debt, and how hard it is to pay off.

Currently debt-free, and planning to stay that way. (crossing fingers, knocking on wood)

Borderline screwed. I think I might have jumped back over $15K recently. Hundreds of old bar tabs, a couple of trips to Europe, a few unfunded cross-country moves, the odd emergency, the odd month or two of blissful unemployment (see: bar tabs).

Have never gone to collections, and will actually be able to zero them out with student loans the next couple of years.

Currently minimally employed, and yet -- credit line recently extended again. Since they already had me by the shorthairs, I can only guess they're wriggling up toward by small intestine by now.

I still can't believe how little money I had in college. What I used to spend in two weeks there I can spend in a bar in a night without blinking an eye.
Then again there were keg parties with three dollar covers...

Anyone else considering bankruptcy before Bush's new law kicks in.

If you are at that point (or even close) you should start now.

Hanging on by the skin of our teeth. We had to save money to buy a house. Then we had to buy a house. Then we had to deal with the fact that Mr. Science Genius' calculations as to how much money we'd have per month was about $1,000 off (wrong way.) (Genuinely confusing though, academic year salary vs. summer salary oddities.) Right now both of our credit cards keep nuzzling up towards the limit, and we're waiting for a not-so-bad tax return (mortgage interest deductions rock) to get us through to the promised land of summer salary. I'm also looking for work, network looked promising but nothing's materialized yet, now I'm looking more actively. Just a tiny bit would help.

But the end is, hopefully, in sight, so I can't complain too much.

I'm somewhere between 10 and 15 thousand in debt. About 10 grand is from when I was providing for two (and neither of us in much of a mind state to live sensibly), on a definitely 1-person type of salary. The rest is from having a bit of a hole in my hand in the first place. Oh, and thats all without my student loans, I havent got a clue how much that is.

ask me in half an hour

Wow. Stigmata. You could cash in on that, bo.

Interesting poll results.

I'm allergic to money. My better half now controls all of our cash flow, and for the first time that I can remember we are actually saving towards retirement.
I'm still paying off student loans and my ex wife.

I'll be paying for that last one till the day I die.

Save marginally more of the income than I spend. I make heavy use of credit cards and pay them off monthly.