Don't get too comfy with your debt



Turns out that many people are so accustomed to living with ever-deeper debt that they are reluctant to let go of it, even when they have the cash.

Article Tools
E-mail to a friendTools IndexPrint-friendly versionSite MapDiscuss in a Message BoardArticle IndexRate this Article
Click on the stars below to rate this article from 1 to 5
Thank you for rating.
Average rating: 3.25 from 1218 users
E-mail us your comments on this article

View all top-rated articles

By MP Dunleavey
Editor's note: Columnist MP Dunleavey and other women have come together online to strip away the myths surrounding money, lay bare their assets and liberate themselves from debt. Follow the quest for financial fabulousness of these "Women in Red" in Dunleavey's column on MSN Money and on her message board.

The world of personal finance is rife with get-out-of-debt advice. I should know. I've read it, written it, followed it.

Even though people pay lip service to the gospel that debt is bad, millions of Americans are still borrowing beyond their means