The past few years, with “this economy” and all, have given rise to more and more talk about a formally very taboo topic:
Money.
But, what still seems pretty taboo, at least in my social circle, is talk about debt.
Student loans are a common gripe from 20-somethings my age, but beyond that, I’ve never had more than a few sentence conversion about credit cards, or other “bad debt”.
Except of course when someone whips out their “rewards credit card” at a dinner and explains,
“I get like 1% cashback at XYZ store”
To which I always try to hide my thoughts. I know responsible people can use rewards cards well, but for alot of people, it just gets them into trouble. And since we don’t talk about debt much, I never know with people which way they use their credit cards.
I think my own journey out of debt is something I’m going to start sharing more with some of my friends. Very few people outside my wife and immediately family know anything about my past debt issues or trading addiction.
I think I am getting to a point now where I can talk about my trading addition and now get too upset at myself about it. And I think that will help me in explaining my history to my friends.
Anywho, if I do tell any of my friends over the next few weeks, I will for sure report their reactions!
How Open Are You About Any Debt?
That being said, how open are you about your debt with your friends & family?
Similar Posts:
- Get more customers by understanding your sharers
- Talking about debt
- Five Credit Card Facts You Should Know
- Forex Account Opening Process
- GAO Issues Report on Debt Settlement Industry
