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The www.FedPrimeRate.com Personal Finance Blog and Magazine

Friday, May 14, 2010

New York Times "Debt Trap" Interactive

Just came across a "Debt Trap Interactive" on the New York Times website, and fell in love. It's very well done. It was made back in July of 2008, just before the global banking crisis which put us into this Great Recession. But it's still relevant today. I compared my debt to others in the U.S. and was not happy with my ranking. Lots of Americans are doing a lot better than I am -- and God bless them. Studying the numbers has helped me to realize that I really need to start ignoring the platitudes my friends and relatives have been offering me in recent months, and get my ass in gear.

Time to find a second job, I guess. It's going to be real hard, as the job market is still crappy, and I love what I do. But I need to make a lot more money, and job opportunities are starting to show up more often. There's a new casino opening up about a 10 minute drive from my place. Lots of positions that need filling. I wouldn't mind a security job -- with benefits, of course -- where I could get away with getting lots of reading done on the job. That would be sweet. I'm having a great time learning about economics these days, a subject I avoided in school due to all the math involved, but really love now. Real world economics is very interesting, and every time I learn something economics-related, I feel a lot smarter than before I owned that particular nugget of knowledge. Viva economics!

To explore the NYT Debt Trap Interactive, click here. Enjoy!

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Anonymous Asset Acceptance said...

You've got some great authority on this blog...you must not be making much money off of it (try adsense). Anyway, getting another job would always help pay off debt...although if you're against debt, working in a casino may not be worthy of your cause!

Monday, July 12, 2010 12:48:00 PM  
Anonymous blackMARKER1 said...

"But I need to make a lot more money, and job opportunities are starting to show up more often."
By all means apply to all these opportunities. I also have something up my sleeve that you might want to try out, contact me on my site and I'll help you out. Good luck!

Sunday, August 08, 2010 7:47:00 PM  
Anonymous Anonymous said...

What, get a job to cover your debts? You must not be a REAL american. All the men i know sit around sucking beer and playing video games at Starbucks. They will move into their 40's owning nothing and thinking it's cool.
Anything you can do to get your debt reduced is laudable. Carry papers and shelve groceries. Those paid off bills will feel good.

Friday, September 17, 2010 9:33:00 PM  

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