Tagged: Debt

Secret Shame: Will We Ever Talk Openly About Money?

We may not like to talk about our own money, but we sure like to read about other people’s money. The May 2016 cover story for The Atlantic magazine is The Secret Shame of Middle-Class Americ…

Debt, Debt, and More Debt

After seeing this household debt bubble chart, I’ve been especially sensitive to news about consumer debt. Here are some recent stats from across the spectrum: Mortgages According to real est…

Chart: The Household Debt Bubble?

Economist Paul Krugman says that fragile banks are no longer what’s holding back economic recovery, it’s housing and household debt. We already saw that housing prices are dropping agai…

Ask The Readers: Cash Savings vs. Paying Down Loans

There was a great response to my last Ask The Readers post: Parents Losing Home To Foreclosure!, so here’s another interesting question from one reader who’d like the input from other r…