I don’t make a big secret of my enormous debt.
It’s a problem. I came by it honestly, for the most part. I was almost debt-free when I lost my job in 2001. I was freshly married to my girlfriend of several years and had to support her and her daughter, at least partially, in addition to myself. I did it with credit cards. I’m not proud of it, but, well, I did what I had to do.
Then, in 2005, I got divorced, which actually stemmed the bloody flow of money, or rather the swelling of debt. Of course, I still had my house to deal with, which hasn’t been cheap, but I had started to get things under control again. Then, of course, I got cancer, which brought all kinds of medical bills with it, even after insurance paid most of the bills.
I’m getting a handle on it, but it’s still not easy to do. What would have helped me was a plan. A good, solid plan that was laid out for me. Now, thanks to Ready for Zero, linked via Lifehacker, you can get a plan to help you get out of debt, for free. And, let’s face it, if you’re deeply in debt, like me, you can’t really afford to spend a lot of money on books and workshops to help you plan how to get out from under. A free plan is priced just right.
Do yourself a favor and check it out, even if you’re not in debt yet. Before it’s too late.
Advice from your Uncle Jim:
"Some people are always grumbling because roses have thorns; I am thankful that thorns have roses."