The Last Taboo

Four years ago [four years back in 1988, that was], Catherine, a freelance editor with whom I was passingly acquainted, called me one afternoon weeping and barely coherent. “I have to see you,” she said. “I’m desperate.” We met in a park twenty minutes later....

Debt Is a Verb

“Debt” is a noun. It has never been used as a verb – “to debt.” But we’re going to coin it that way and use it that way on this site. It helps us distinguish such use of money from other types spending and from secured loans. If Joanie goes into a department store and...

What I Gave My Children: A Christmas Story

Twenty-six years ago, I bottomed out on debt and money, ending up $50,000 in unsecured debt (about $110,000 in today’s dollars), with expenses of $3,000 a month, and a reliable income of $350 a month. I was living in torment, despair, and hopelessness. That is not...

The $250 Phone Call

I was annoyed at having to make the damn call. One common characteristic of debtors and underearners is that they delay endlessly filing for reimbursements to which they’re entitled, from insurance companies, employers, clients, and just about anyone else. They can...

Another No-Brainer

I made a post back on July 4th that I considered a no-brainer—correlating Independence Day with freedom from debt—and here’s another one, albeit a week after the fact, that I consider the same. Thanksgiving.  Well, the obvious:  In addition to everything else I have...

Old Habits Die Hard (Very Hard)

I went out to Pasadena to speak on healthy money, sit and answer questions, and give two workshops about a month ago now.  I did this as service, with no payment, but my travel expenses were paid by the hosting organization. Some of the airfare was paid in advance, as...

Independence Day

This one is kind of a no-brainer.  I haven’t owed a dime to anybody, for anything, for years. What an astonishing pleasure, and how enormous a freedom that is!  My own independence, my own revolution, began when I stopped incurring unsecured debt one day at a time—in...