Debtors Anonymous
I was sitting in an airport yesterday reading stories about Tiger Woods and his “transgressions” when I saw a story that jolted me back into fulfilling my duties as the nation’s the east coast’s the Washington DC area’s my family’s preeminent debt blogger. Not that the Tiger stories won’t count as research for a future post; maybe one about debt and divorce perhaps.
Anyway… What caught my eye was this article from WalletPop.com about Debtors Anonymous, a twelve step fellowship for big spenders (ahem) trying to recover from compulsive spending and the resultant debt avalanche that they’re buried under.
It appears that in these tough economic times, the organization’s profile is rising in tandem with the need for a place where debtbeats can find kinship and hope.
We’ve mentioned DA on this blog before, when recommending their book How to Get out of Debt.
To get started down the DA path, they recommend that you stop incurring any new unsecured debt, attend D.A. meetings regularly and diligently record your expenses and your income. DA practices the principle of anonymity and who they see and what they hear at meetings and in private conversation is kept confidential.
Interested in learning more? Take their Debt Quiz and see if you may need their help. You can also use the interactive tool on their website to find a meeting.
Anyone out there have experience with DA? Leave us a comment.



