Blogging Away Debt Our Journeys to a Debt-Free Life

by Tricia

Debt Hater hosted the Carnival of Debt Reduction.

Stephanie hosted the Carnival of Family Life.

Henry shares a website where people ask for wishes to be granted. Interesting concept.

JW shares their zero based budget for March. It’s always interesting to see other budgets.

Mighty Bargain Hunter gives some advice on planning for receiving an inheritance. Receiving an inheritance and blowing a chunk of it was my very first “confession” I ever did on this blog.

Michael shares what he would tell his 16 year-old self if he could. Man, I could write a book with what I’d tell myself!

FREEBIES

Sorry, none for this week. I ran out of time and my good ole standby Walmart didn’t have any new ones 🙁

by Tricia

A reader sent me a link to the a series that the Boston Globe is running about some horrible debt stories. The series is aptly titled Debtors’ Hell.

There is actually so much information there that I’ve been reading and I still have more to read. There’s personal stories about old debts coming back to haunt you or how some people are having their cars seized for old debts under $500.

Reading those stories, I can’t help but feel glad that we are not in those situations. Yet, I know that we are one financial hardship of possibly being there. I also found myself getting so angry at some of the tactics that debt collectors are using. Yes, a debt means that it must be repaid. But when the tactics are shady and go behind the backs of people, therefore not letting them make the debt right before extreme measures are taken, I do not believe that is right.

With reading the stories, you’ll see what I mean.

Note: You will have to register for free at Boston.com to read the entire stories.