How much debt is too much?

Jump to Last Post 1-7 of 7 discussions (7 posts)
  1. websclubs profile image53
    websclubsposted 8 years ago

    How much debt is too much?

  2. Webskitzo profile image57
    Webskitzoposted 8 years ago

    Any debt is too short in my opinion! But that said...if you can't afford to pay the minimum payment and then some comfortably...your screwed

  3. MickS profile image69
    MickSposted 8 years ago

    My wife and I are fortunate in that we own our property with no mortgage.  We always ensure that our debt is less than our savings, we always pay off credit cards every month to ensure extended, interest free credit.  If we couldn't do that we would consider ourselves to be in financial trouble.

  4. SIJO1 profile image74
    SIJO1posted 8 years ago

    Well ask the English Government how much.Because England is in so much Debt as usual it will be the Tax payer who will suffer due to their mismanagment.

  5. profile image0
    Contriceposted 8 years ago

    When you struggle to pay it's too much debt.  When it feels like a dark cloud hanging over your's too much debt.  When the idea of checking the balance on your card or opening a bill causes stomach's too much debt.

  6. KnowledgeSpeaks profile image56
    KnowledgeSpeaksposted 8 years ago

    When it's either beyond  your comfort level and you worry about it a lot, or when it's too high for you to make the monthly payments.

  7. Tusitala Tom profile image67
    Tusitala Tomposted 8 years ago

    MickS has hit the nail on the head.   Don't go into debt.   If you are in debt, get out of it as quickly as you can.

    Of course, when you're young you might be obliged to go into debt in order to get into your own home.   A mortage is generally necessary to eventually purchase a house.   But don't go overboard.  Keep the mortage as small as you can to get that first home.   You don't need brand new furniture, a swimming pool and two cars added to the debt you'll be carrying.   And pay off as much as you can on the debt and as quickly as you can.

    Too much debt is when it starts to dominate your thinking and gives you little peace.  When you're forever chasing money to pay bills, etc.. If you start 'thinking poor' you'll continueto be poor.

    Peace descends, when you're comfortable without beings wasteful, and always have enough put aside to meet any unexpected emergencies.


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)