The Anatomy of a Debt Crisis

Stacy Johnson recording a podcast
Photo by Aaron Freeman / Money Talks News

If you haven’t been in debt trouble before, the odds are good you know someone who has.

Life happens. From layoffs and health emergencies to just plain screwing up and not paying attention, debt issues are more common than you think. It’s the single biggest problem I’ve encountered in the nearly 40 years I’ve been offering money advice.

In this week’s “Money” podcast, we’re going to talk to someone who found herself in some serious debt trouble. We’ll see how it happened, what she did initially that dug the hole deeper, and what she finally did to start filling it in for good.

The unique thing about this situation? The person who found herself in crisis was none other than my co-host, financial journalist Miranda Marquit.

Surprised? Don’t be. Humans make mistakes and financial journalists are human too.

Sit back, relax and listen to this week’s “Money” podcast!

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Not familiar with podcasts?

A podcast is basically a radio show you can listen to anytime, either by downloading it to your smartphone or other device, or by listening online.

They’re totally free. They can be any length (ours are typically just under a half-hour), feature any number of people and cover any topic you can possibly think of. You can listen at home, in the car, while jogging or, if you’re like me, when riding your bike.

You can listen to our latest podcasts here or download them to your phone from any number of places, including Apple, Spotify, RadioPublic, Stitcher and RSS.

If you haven’t listened to a podcast yet, give it a try, then subscribe to ours. You’ll be glad you did!

About me

I founded Money Talks News in 1991. I’m a CPA, and I have also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.

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