[Woodworker]

The Village Voice ages, and now dispenses conventional wisdom in an (apparently) tongue-in-cheek article. It's all about deferred pleasures, anathema to to many left-wingers. Emphasis added

For more good advise on living debt-free see:

http://www.daveramsey.com/

http://www.crown.org/

[Hemingway's Ghost]

Good piece---thanks for posting it.

[Diana in Wisconsin]

Good article. Lots to mull over. Debt is the bane of my existence, and I am proud to say that my only debt is my mortgage, and that's very manageable, and still a tax deduction. If that ends, I will cash in and down-size and have no debt at all.

A good read that shows you what NOT to do if you're a working couple or a single mom or dad is "The Two-Income Trap" by mother and daughter team Elizabeth Warren and Amelia Warren Tyagi.

[MEGoody]

More parents should teach their kids the realities of credit, especialy credit cards, before they go off to college. But sadly, too many of them have watched mom and dad get whatever they (or the kids) wanted by throwing down that piece of plastic.

They never found out about the other side of things - when the time came to pay the bill. The times when mom and dad had to debate which bill to pay and which one to let go.