Do debt and sex have anything to do with one another?
The short answer is yes, but probably not for the reasons you might expect….
- According to the British tabloid The Sun, one in four people who contacted a debt helpline admitted that some of their financial problems were caused by spending money on sex.
- In another entertaining twist on the subject, Tom Elsvin reports that debt now seems more important to people than sex. He comes to this conclusion by analyzing the spam he gets sent every day, and has seen a sustained increase in the number of unwanted emails about debt issues lately.
- Credit card debt ranked highest on taboo topics, according to a poll by GfK Roper Public Affairs and Media for CreditCards.com. People would rather talk about their age, weight, religious views, even health problems before openly discussing their credit card debts. Even some of those who don’t carry a balance on their cards said they wouldn’t want to broach that topic with someone they just met.
Over here at DebtGoal.com we’re still trying to decipher what all this means … but we welcome your insights on the topic.
Steve Richmond is a co-founder of DebtGoal.com, a do-it-yourself system for getting out of debt and lowering your interest costs. DebtGoal.com incorporates all of the techniques discussed in this post and can help users understand and get visibility to and manage their debt finances.
Tags: Credit cards, debt, debt problems, debt taboo, financial problems, financial worries, personal finance, sex
