Using the Internet to Get Out of Debt

I have noticed a huge increase in the number of Gen X and Y bloggers who are blogging to get out of debt. Here are just a few of the sites I have visited in the past week:

www.lazymandmoney.com
www.mymint.com
www.stopbuyingcrap.com
www.poorerthanyou.com
www.bostongalsopenwallet.com
www.bloggingawaydebt.com

The last one also connects you to ncnnetwork.com where you can set up a chart to show and tell your progress as you pay down your debts. It’s great that the internet is being used for this kind of sharing and accountability. It increases your motivation as you imagine your “public” watching you pull yourself into the black and feeling that you will let them down if you don’t succeed. It’s also inspiring to see others do it and report back how great it feels to be free of debt. “If they can do it, I can do it” is a thought that can carry you through the challenge of changing.
Use the internet to help you become free of consumer debt that will hold you back later in life.

I particularly want to help women in the 20’s and 30’s become free of consumer debt and to think carefully about the amount of student loan debt they take on. Many students and young adults are taking on more debt than their future career can sustain. I would like to continue to find ways to get women to address money issues in a motivating and fun way.

Please contact me a mg@doctorgresham.com to have me come to speak to your group about the mind and money issues related to this kind of debt.