Lack of money is the root of all evil. -George Bernard Shaw I read a great book once called Looking Out For #1 in which the hero talked about what his life was like when he was in debt and couldn’t pay what he owed. I’m pretty sure these were the days before business debt consolidation and debt assistance. He ended up living in a Ryder rental truck. The fun bit of the story was how the collection agencies wanted him to clear his debt. The people would call and demand their money, much as they do today. They all…
Category: debt paydown
Women in Red Racers
Lack of money is the root of all evil-George Bernard Shaw. One of those feel good stories on The Today Show was about Women in Red Racers-a debt reduction support group. As with all of these groups, Women in Red Racers works on one basic assumption, you actually have enough money to pay off your debts-you just need to manage that money better. The debt collectors who call and harass you also work under the assumption that you have recently won the lotto and therefore paying them a few hundred dollars to get caught up will not be a problem…