Is Debt Shameful? 0
Something came up at work this week where I caught the tail end of a conversation where someone said they were ashamed to be having problems with their debt. I didn’t think much of it at the time, but as I was walking back to the office, I found myself thinking about it again.
I can understand their point, but shame can very quickly turn to pride when you make the decision to deal with your debt rather than just stick your head in the sand and roll on from month to month.
Am I ashamed of the fact I am in debt? No I’m not. It happens, it’s life. It’s how you deal with it that counts.
Am I proud to be dealing with my debts? You bet I am.
My First Weekly Roundup
You could spend a lifetime reading personal finance blogs and likely still not find all the good bits. Periodically I’ll round up some of my favourites and share them. Here are my 5 for this week:
- “Frugality That’s Outside The Realms of Possibility” from The Simple Dollar.
- “Going Broke to Win Big” from Financial Samurai.
- “How to Get A Raise (Or At Least Keep Your Job)” from Five Cent Nickel.
- “How Buying an iPhone Can Make You Rich” from Monevator.
- “Being Rich is Not a Sin” at MoneyNing.
Don’t miss out!
The Oblivious Investor is still offering his new book “Investing Made Simple” for free download while stocks last (ahem). Grab it while you can as after October 1 rolls round, it will be an opportunity lost.
Enjoy!

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