Twelve Steps for Debt Addiction

Americans have grown so used to overspending that for some the thought of a reduction in lifestyle because of tighter credit is driving them to irrationality. I recently heard a news report about a paralegal who decided to get back at the firm that layed him off. What did he do to get back? He stole a tie from a clothing store! He got caught and was put in jail. The moral of the story: when you fall on economic hard times, strike back at the rats that caused it by going to jail. Go figure!

Don't get me wrong, millions of Americans are deciding to abandon the sinking ship of debt poverty in order to become debt free, but for the most part the Debt Titanic is still full of passengers that think the ship will not sink. There is a gaping hole in the hull caused by the iceberg of Debt Addiction. If we do not hurry into the life boats of Living Within Our Means and Getting Out Of Debt, many will be cast into the frigid waters of bankruptcy and economic ruin.

I think we need a twelve step program to address our debt addiction. We have gamblers anonymous, narcotics anonymous, and alcoholics anonymous. Why not have Debtors Anonymous? This is serious. When you consider the enormous amounts of debt many have beyond their mortgages, it is scary. Until recently, I myself was in over $40,000 of credit card debt. I've heard true stories of others in twice as much as that. I certainly needed something that would give me some hope, and because I found it, I now am debt free except the mortgage on my home. Did I find a twelve step program? Well, sorta I guess. More about that next time.