Discipline for Debtors via Blogs
This is an article in The New York Times today, February 18, 2007 titled Debtors Search for Discipline via Blogs
Like so many debtors today, they are discovering that if they blog about their debt it helps them to stay focused on the ultimate goal of becoming debt free.
Trisha, a 29 year old, is ashamed of her debt and doesn't feel comfortable talking to her family or friends about her finances.......so she blogs about it here at Blogging Away Debt.
Like other debt bloggers, Tricia believes the exposure gives her the discipline to reduce her debt. “I think about this blog every time I’m in the store and something that I don’t need catches my eye,” she told readers last week. “Look what you all have done to me!”
Stephanie, a 20 year from Rochester, New York, author of Poorer Than You. Describes herself as an Ex film student on her way to being financially savvy, even if there are no funds to back it up. She is in a Race Towards Financial Freedom.
Leigh Ann, a 37 year old is another blogger who provided accounts of her escape from $19,947 in credit card debt and no longer needs to be saved. Congratulations Leigh Ann! You can read all about it here at Save Leigh Ann
Another blog written by the King and Queen of debt as they struggle to learn about their finances. Follow along as they struggle to payoff their debt and learn to save money here at We're In Debt. Starting this blog "was a way to communicate" for them.
This is another blog called The Debt Defier, about a woman who has paid off her credit cards debt of $19,794.23 in a little over a year and it was after reading this online account that Trisha decided to start a blog for herself.
NCN will explain How I Plan To Stay Out Of Debt and has some charts updated for debtors he is following.
Last but not least, check out Make Love, Not Debt as they have a net worth: (negative $70,787.94) and they aren't even married yet. This is a couple who is wanting a $25,000.00 wedding. One reader scolded them: “Grow up, a wedding isn’t about how much debt you put yourself or your parents into. If you are worried about that, in my opinion, you are not ready for marriage.”
Like so many debtors today, they are discovering that if they blog about their debt it helps them to stay focused on the ultimate goal of becoming debt free.
Trisha, a 29 year old, is ashamed of her debt and doesn't feel comfortable talking to her family or friends about her finances.......so she blogs about it here at Blogging Away Debt.
Like other debt bloggers, Tricia believes the exposure gives her the discipline to reduce her debt. “I think about this blog every time I’m in the store and something that I don’t need catches my eye,” she told readers last week. “Look what you all have done to me!”
Stephanie, a 20 year from Rochester, New York, author of Poorer Than You. Describes herself as an Ex film student on her way to being financially savvy, even if there are no funds to back it up. She is in a Race Towards Financial Freedom.
Leigh Ann, a 37 year old is another blogger who provided accounts of her escape from $19,947 in credit card debt and no longer needs to be saved. Congratulations Leigh Ann! You can read all about it here at Save Leigh Ann
Another blog written by the King and Queen of debt as they struggle to learn about their finances. Follow along as they struggle to payoff their debt and learn to save money here at We're In Debt. Starting this blog "was a way to communicate" for them.
This is another blog called The Debt Defier, about a woman who has paid off her credit cards debt of $19,794.23 in a little over a year and it was after reading this online account that Trisha decided to start a blog for herself.
NCN will explain How I Plan To Stay Out Of Debt and has some charts updated for debtors he is following.
Last but not least, check out Make Love, Not Debt as they have a net worth: (negative $70,787.94) and they aren't even married yet. This is a couple who is wanting a $25,000.00 wedding. One reader scolded them: “Grow up, a wedding isn’t about how much debt you put yourself or your parents into. If you are worried about that, in my opinion, you are not ready for marriage.”
2 Comments:
I read this same article over the weekend and completely agree that using a blog can be a great motivational tool to keep on the right path to debt freedom.
While the readers are largely anonymous, there is still some degree of accountability and often times people do not like to discuss personal finances with people that are close to them. This makes blogging a great medium.
my new choice,
As you have probably already noticed, I have been following the journey of some bloggers right here and can see that it keeps them focused and eager to tell you what they have accomplished.
Thanks for your visit and comment.
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