Comments on: Salary vs. money owed

By: Fabulously Broke

Fabulously Broke — Sat, 15 Sep 2007 21:45:11 +0000

Less than a year. If I had $0 expenses, and just socked every penny into debt… what a wonderful idea :P But I guess I can settle for clearing it in 2 years instead.

By: Staci Carsten

Staci Carsten — Fri, 14 Sep 2007 17:19:01 +0000

We don’t have debt, but my husband and I would need 2.5 years of salary to pay off our mortgage debt. Without my husband it would take me A LOT longer, so I think I’ll be nice to him today. ;)

By: Clever Dude

Clever Dude — Fri, 14 Sep 2007 17:00:25 +0000

Actually, we’re at a point where my wife’s salary and a little bit of my own would pay it off in a year, but of course we have other obligations (mortgage primarily).

By: paidtwice

paidtwice — Fri, 14 Sep 2007 13:31:01 +0000

I answered less than one year, but if you include mortgage it’s about between 2 and 3 years (closer to 3).

Less than one year sounds so… small… I wish :)