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A community weblog for people with problems managing their bills, debts, and planning — and for family members who try to help them.

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Posts Tagged ‘debt’

Projecting the Impact of Debt

Friday, April 3rd, 2009 by Ken Kaye

Although Jack would like to renew the lease on his studio apartment, he is facing the fact that he is broke, and needs parental EMT: Emergency Money Treatment. He has an invitation to move into a cheaper one-bedroom apartment, sharing the rent with his younger brother. He already owes his parents $400. He owes his girlfriend, Anne, $600. He has a small monthly car payment and a moderate student loan payment, but the big problem his parents only just learned about is a growing MasterCard balance.

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MBAs in Denial

Friday, April 3rd, 2009 by Ken Kaye

I overheard two young men in the locker room. One said, “I’m going to have to get my limit raised on my VISA.”

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