This blog contains some simple tips and advice from two regular guys. We're not accountants, financial advisors, or brokers, so follow, ignore, or discuss our ideas as you see fit.

Friday, February 26, 2010

Article and Blog: Hiding debt: The secret lives of American debtors

Posted By Paul

An interesting article today on CNNMoney. It talked all about people who accumulate debt secretly. Trying to hide it from their loved ones, often with disastrous results. It sounds like hiding debt must be an incredibly shameful and stressful secret to have. Hearing people talk about the experience reminded me of stories from people trying to hide affairs or drug habits.

Check it out:

Hiding debt: The secret lives of American debtors

The story of Blake who lost $250,000 ($150k of which belonged to his mom) and tried to hide it was incredible.

I looked at his blog which was mentioned in the article. It looks interesting enough that, I plan to follow it: