Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
I’m $1500 in debt and I’m 18 turning 19. Should I be stressed and worried ?
12 Answers
- JimTomLv 41 year agoFavorite Answer
Thats not much, if you have a job you should easily be able to pay that off. But on the other hand unless that debt is from school, then you really arent doing very well. At your age if youve been working for a couple years, you should already have a few thousand in your savings even after normal expenses. So maybe its a spending/ budgeting issue.
- 1 year ago
Not at all. $1,500 is almost laughable. If you work a part time job 30 hours a week making $10 an hour you should be making about $900 a month after taxes. Or since you're 18 you can get a job in a labor union and you can make that $1,500 in literally one paycheck.
If it makes you feel better I'm 24 and before the stock market went to shi* I was making payments of $1,000 a month to my debt. I have $50,000 in student loans.
- How do you think about the answers? You can sign in to vote the answer.
- Christin KLv 71 year ago
Don't be worried. That's not a large amount of debt. But pay it off as soon as you can anyway. ANY debt is worse than NO debt. If you pay $100/month you will be debt-free in just over a year.
- Anonymous1 year ago
No, that's not much. You will be fine unless you got the money from a loan shark. Most adult people are in debt to the hilt. Don't start your adult life by accruing large debt because that is definitely the fast track to stress. You will get loan offers that you can't afford. That doesn't mean you have to take them. You will never get ahead that way.
- DavidLv 71 year ago
No, you should just learn to say "no" to frivolous things until you pay off your debt.





