Tag Archives: debt

Why The Concept of Bad Debt Is Flawed

Debt Isn’t Bad Private debt was invented to facilitate convenience in trade. This principle was widely accepted for most of human history. But things have changed in the 21st century. Today, many generic debt bloggers will rant about how much they hate debt with a passion and want to pay off their debts ASAP. They seem to be very debt-icated to… Read More »

Don’t Let Debt Make You Sick

The Effects of Debt on Your Health According to a Globe and Mail article I recently read, people have gotten sick and depressed thinking about their debts. “Researchers and health professionals are making the case for treating personal debt as a public health problem.” Oh no. 🙁 Dr. Donna Ferguson, a psychologist in Toronto says, “I think that it’s a major crisis.… Read More »

Why I Will Never be Free from Debt

Staying in Debt Forever Sometimes I get asked if I will ever be debt free. Unfortunately I don’t have a good answer for this question. In my previous post earlier this week I discussed the debt spectrum, which describes debt as a financial state along a sempiternal line. This line stretches out in both directions and has no ends in sight because it’s hard… Read More »

How the Debt Spectrum Works

A Philosophy on Debt Many people have this oversimplified, binary view on debt which suggests you either have debt, or you don’t. But the world of debt isn’t black and white. Much like women’s erotic fantasies, debt tends to operate in many Shades of Grey. 😀 However instead of only 50 shades, the debt spectrum covers an infinite span of possibilities!… Read More »