Do you owe more than one month's income on your credit cards?
by 
Stronghart
ANSWERS: 47
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Pretty much equal =(
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Yes, damn Texas Children's Trust screwed over my fiance because she had collected some money to pay for her schooling and they (TCT) forgot to file it as income so we got penalized nearly $3000. The only way we could pay for it was with the damn credit card!!!
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i owe about $90.00 thats all!!!
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yes, i owe about two months income on mine
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As of about a month ago, I owe nothing on mine. Yippee!
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shit, i owe about a years salary...and then some
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I owe about 1 1/2 month's wages to credit cards
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I owe almost exactly one months income on my card. It was less, but then my kitty got sick and I took her to the vet. X-rays and blood tests aren't cheap. But, luckily, there was nothing seriously wrong with her, and now she's okay. Totally worth the cost to keep my friend healthy :)
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I owe a little over two months income! I'm trying really hard to pay it down though.
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crikey, um, I'll pass.
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Hmm four months I think plus $ @#$%@#$@%#$ in student debt!! Blergh.
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ugh i keep putting my comments in answer forms (sorry). removed and put in the correct place.
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I don't have any credit cards at all. I use my debit card if I need a credit card.
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I currently owe $423.00 which will all be paid on pay day
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No. I refuse to pay interest on credit cards, so I pay my bills ASAP. I use credit cards out of convenience, easier than paying with cash in most cases.
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I owe about 9 months worth of income on credit cards
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I owe just about exactly one months wages on my credit card...
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i dont owe a penny to anyone woohoo
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I owe about one week income on my credit card.
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No
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It's a perpetually changing amount (UP and DOWN), but yes it's significantly more than 1 month's salary. No worries though.
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Yes -- although when I'm working regularly again, that will change.
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Yes, I owe like $9000 in credit card bills.
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No matter what I spend I pay my cards in full each month. I refuse to pay interest on things I buy. Credit cards work for me I do not work for them.
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Nope I dont own a credit card! But my overdraft? Hmm would say about a months wage
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I don't have a credit card, but if I did, I would probably owe several years income on them, which is precisely why I don't have one. Remove all temptations.
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No - I pay off in full every month no matter what.
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Considering I am currently unemployed and living off my credit cards, yes. I owe considerably more than I am making in a month.
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Not any more. They got a little out of control (3x monthly). After looking at the interest my 401(k) was pulling, versus the interest paid out to credit cards, it made sense for me to "reinvest" a portion of my 401 by taking a loan out of it and using it to pay the cards off. (and cancelling all but one for emergencies). I still have to repay the 401, but I am essentially repaying myself, with a much lower interest rate.
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I don't have any credit cards and it makes my life much simpler. I was once in credit card debt that amounted to several thousand and once it was paid off, I promised I would never ever do anything that foolish again. The only debt I have is my mortgage and regular monthly bills. The mortgage will be gone in about four years.
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no I pay it off every month. I only buy things that I have the money to pay for.
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No way my credit card has a limit of $500.00 thats plenty.
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I use one card for living expenses and it's paid in full at the end of every month.
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Technically, but I'm out-of-work at the moment. (I'm working on starting my own business.) I don't spend more than I can afford to pay, though. I love having savings! I love having savings so much I DON'T SPEND. :) I never made more than $1,000/month but managed to save, even when paying rent. I'm not a trust fund baby.
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Yup! Much more!
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No..nowhere near.
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Since we technically don't have any income right now, lol! yes, we owe a lot more :-) But we have been living off of our savings for 4 years and that's about to change in a couple of months of sooner, so then I'll be able to tell where things lie.
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Just half of my month's income... But it still is very embarassing.
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I owe about 2 weeks of salery
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I owe 3 months income in credit card debt.
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I make a point of paying cash. I do not own a credit card, they scare me :)
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No. I never carry a balance on my credit cards.
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Yes considering I only make around $200 every two weeks, and I owe around $2000, every pay check is getting drained by credit card payments! I need summer to come around so I can work more!
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No
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No.
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i only owe 480 bucks. which is good because i can pay that off in like a month and stuff.
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I owe exactly one months income. $2400 cant wait till i get my income taxes to knock that down to at least half.
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