We've got just the mortgage, my car (to be paid off this year, and kept) and his truck (hubby already wants a newer one, and it's only 2 yrs old). I paid off my ~$800 of CC debt right away after getting first 'real' job 4 years ago, now only carry a balance once in awhile. Never had student loans, lived at home during my BS, 'rents paid tuition, then got schalorships and assistantships for grad school tuition. Have had a job (or 3) continuously since I was 16. Husband dropped out of school way before any debt accumulated.
Now, with 1 child, we are usually in the black at the end of the month, December excluded. I sell Mary Kay VERY part-time for a little $$ to blow.