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-   -   Life How fast can I become debt free (http://www.chiefsplanet.com/BB/showthread.php?t=272911)

Hog Farmer 05-09-2013 07:09 AM

How fast can I become debt free
 
I have 17 mortgages totaling $370,000 and $43,000 in credit card debt. No savings but my truck is paid for and I don't carry insurance.

I make well over $50,000 a year depending on how many days I take off,sometimes only $20,000 when the semen demand is low.

Anybody ?

Old Dog 05-09-2013 07:12 AM

By Saturday night if you hit the lottery?

Hog Farmer 05-09-2013 07:14 AM

Quote:

Originally Posted by Old Dog (Post 9670264)
By Saturday night if you hit the lottery?


Oh yeah. Forgot to include that. I normally spend $100 / week on lotto.

Also no college debt. School is dumb and a waste of money.

stonedstooge 05-09-2013 07:16 AM

Quote:

Originally Posted by Hog Farmer (Post 9670267)
Oh yeah. Forgot to include that. I normally spend $100 / week on lotto.

Also no college debt. School is dumb and a waist of money.

FYP

Braincase 05-09-2013 07:18 AM

If you take out a half-mill life insurance policy, then fake your own death...

Coogs 05-09-2013 07:21 AM

Probably a couple of days before you start pushing up daisies. But, at least you will have things set up nice for your wife's (if you are married) next beau.
:shrug:

PS - I'm in a similar boat!

Mr. Flopnuts 05-09-2013 07:22 AM

Use the rental income to pay off the mortgages. If you make less money in a year than you owe out, file bankruptcy. Rule of thumb.

P.S - You're full of shit. :D

Old Dog 05-09-2013 07:22 AM

Quote:

Originally Posted by Coogs (Post 9670278)
PS - I'm in a similar boat!

bass boat or john boat? this is relevant

Mr. Flopnuts 05-09-2013 07:23 AM

Quote:

Originally Posted by Old Dog (Post 9670280)
bass boat or john boat? this is relevant

Sounds like a dingy.

Old Dog 05-09-2013 07:24 AM

Quote:

Originally Posted by Mr. Flopnuts (Post 9670279)
Use the rental income to pay off the mortgages.

BAD ADVICE.....the real answer is to use the rental income to buy more lottery tickets.

Mr. Flopnuts 05-09-2013 07:27 AM

Quote:

Originally Posted by Old Dog (Post 9670287)
BAD ADVICE.....the real answer is to use the rental income to buy more lottery tickets.

You have better odds playing bingo. START PLAYING BINGO!

KC Tattoo 05-09-2013 07:33 AM

Quote:

Originally Posted by Mr. Flopnuts (Post 9670291)
You have better odds playing bingo. START PLAYING BINGO!

Not so sure. Have you seen the people that play bingo?


Holy shit balls they are serious about that game. They get 5 to ten cards and are all over them with their stamper bap bap bap every time a number is called. You can't beat those people.

Chief Roundup 05-09-2013 07:39 AM

Quote:

Originally Posted by stonedstooge (Post 9670271)
FYP

He had it right stooge. Put down the bowl man.

Nickel D 05-09-2013 07:40 AM

Quote:

Originally Posted by Braincase (Post 9670276)
If you take out a half-mill life insurance policy, then fake your own death...

Don't take any chances: Stab yourself deep in the guts at least 20 times and drink a gallon of anti-freeze as fast as you can.

Bearcat 05-09-2013 08:40 AM

What do you do for a living? I don't think you've ever mentioned it.


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