Liability?

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  • March 18, 2009

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Man Speak Few Words Carry Big Debt. How?

… I don’t know, you tell me? šŸ™‚

______________________

Well let’s see I’ve been around a long timeĀ and I have spent gobs of money, got into too much trouble too many times but finally I’m where I can actually see light at the end of the tunnel.Ā  Along with my mortgage and car loanI have a student loan of approximately $ 20,000 that is growing monthly due to my not paying anything on it šŸ™Ā  and I have always struggled with my taxes.Ā  Being self employed you must make sure you pay up and I usually wait until he end of the year and then it’s too much to do at once. “Lesson Learned”? Pay you taxes when they are due.

Anyway ‘bottom line’ Liability figure is approximately $109,000.

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March 18th, 2009
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Reader Comments

Comment Number:
1
Written by:
Josh
Posted on:
March 18, 2009 at 8:31 am

Lee, what is the long term plan for the student loan?

Comment Number:
2
Written by:
Lee
Posted on:
March 18, 2009 at 8:18 pm

John – I have no “plan”. I just pay on it when I can.

Comment Number:
3
Written by:
Adrian
Posted on:
March 18, 2009 at 9:49 pm

@ Lee – What are the interest rates on the home, car, and student loans [ https://www.networthiq.com/people/topekac1 ]? When do you have to pay them back in full?