Comments on: The Debt Trap – An Interactive Experience. http://www.mytwodollars.com/2008/07/25/the-debt-trap-an-interactive-experience/ A place to discuss money...for the rest of us. Fri, 10 Feb 2012 05:21:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Sunday Link Love: July Review Edition | I've Paid For This Twice Already...http://www.mytwodollars.com/2008/07/25/the-debt-trap-an-interactive-experience/#comment-27936 Sunday Link Love: July Review Edition | I've Paid For This Twice Already... Sun, 03 Aug 2008 21:01:31 +0000 http://www.mytwodollars.com/?p=1589#comment-27936 [...] My Two Dollars:  The Debt Trap - An Interactive Experience [...] [...] My Two Dollars:  The Debt Trap – An Interactive Experience [...]

]]> By: Personal Finance Buzzhttp://www.mytwodollars.com/2008/07/25/the-debt-trap-an-interactive-experience/#comment-27848 Personal Finance Buzz Wed, 30 Jul 2008 14:02:09 +0000 http://www.mytwodollars.com/?p=1589#comment-27848 <strong>Personal Finance Buzz...</strong> Your story was featured in Personal Finance Buzz! Please visit and promote your article.... Personal Finance Buzz…

Your story was featured in Personal Finance Buzz! Please visit and promote your article….

]]> By: Chrishttp://www.mytwodollars.com/2008/07/25/the-debt-trap-an-interactive-experience/#comment-27776 Chris Fri, 25 Jul 2008 17:11:25 +0000 http://www.mytwodollars.com/?p=1589#comment-27776 I am struggling to get out of a debt trap right now. Once you are in debt so far, it is very difficult to climb out of it. I didn't fully open my eyes to how bad our situation was until we were over $75,000 in debt in credit cards alone. I started a blog for self motivation and to keep track of my progress. I am proud to say that that I have paid down $3000 since April. As far as who is to blame for our credit card debt, I fully blame myself. I blame it on a lack of budget and living beyond our means. Now I am paying the price for our mistake. If I stay on track, I should be out of CC debt in about 4 years. I am struggling to get out of a debt trap right now. Once you are in debt so far, it is very difficult to climb out of it. I didn’t fully open my eyes to how bad our situation was until we were over $75,000 in debt in credit cards alone. I started a blog for self motivation and to keep track of my progress. I am proud to say that that I have paid down $3000 since April.

As far as who is to blame for our credit card debt, I fully blame myself. I blame it on a lack of budget and living beyond our means. Now I am paying the price for our mistake. If I stay on track, I should be out of CC debt in about 4 years.

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