I hate being in debt. I paid off my credit cards and have about $1200 left to pay off on my 2001 Civic with 80,000 miles on it. After that, my goals to pay cash for my next used car. I usually buy something Consumer Reports says is reliable: something with around 30,000 miles on it and the balance of the warranty left. I like the certified ones with 100,000 miles on the warranty.

What do y'all think about being in debt? Are you conservative financially or spend it as quick as you get it? (or quicker?)

If I had life to do over again, I'd buy used furniture, not new, and avoid using a Sears card totally. What a trap that was!

Why are nice guys always in debt ??

have not owed anyone a dime for more than 25 years. Two reasons: If I don't have the funds, then I must not need it, and: If ya don't go to the store, you don't buy nothing.

3 cars in driveway - all older, but all excellent mechanical shape, all paid for. Maintenance is cheaper than payments!

Am fortunate enough to have helped my family quite a bit, have my retirement home settled, and *hopefully* selling my business to the workers there soon (employee buy-out - and a gracious one!) which settles my nest egg.

Short of hitting the lottery - I am not buying another new car, nor an extravagant house. Have determined to live so that if I don't want to work, as I haven't for the last month so I get a decent break before new position - I can enjoy the time.

I am a total idiot when it comes to handling money, but I saw friends get buried in debt while still young, and I learned from that. I have never had a credit card, have never bought anything on credit, and have never been more than about $300 in debt at any time. I have a friend who is making a $2200 monthly mortgage payment on a house that's nine times bigger than he needs and that he can't sell. No thank you.

Dave Ramsey is my hero. Aside from the mortgage, I'm debt free and intend to stay that way. If I can't afford to pay cash, I don't buy it.

Be careful with the Certified Warranties...I highly recommend purchasing an additional warranty with it as well.

Certifieds only cover powertrain up to 100K

I hate debt and that is why I don't really have it, the only thing I have as debt is my car have 4 more years to pay it off got it last year, I do have credit cards but never carry a balance and pay all my bills in full every month. I won't get another loan until my car is paid off or unless an emerency.

What would an extended cover? What does a power train warranty cover?

dave ramsey keeps it real...lol..... Have not had a credit card (other then my company card) for 3 years.... they are the effin devil!!

Extended will help cover electrical and smaller mechanical items.

Most people have the impression that a water pump is considered powertrain. But it is not, it is declared as cooling system. An extended warranty will cover a water pump, but powertain will not. A pricy item...

Powertrain is just engine and transmission and some driveline depending on how it is written by certain manufacturers

cool beans. Danke Schoen. Vielen Danke!