While I was making a plan to find ways to get rid of my debt, one of the first ways came into mind was blogging. I thought to myself, why don’t I start a blog where I can discuss my debt problems, keep track of my progress and just blog about debt and money issues. It’s not bad enough that I am already kicking myself for getting this deep into debt in the first place, why not make a public spectacle of myself too. I figured there must be enough people out there who can relate or would be interested to see how I’m tackling my debt.

I also thought if I can somehow make the blog popular enough, I could generate money out of it…which I could use towards reducing my debt. Of course it’s not easy starting up a blog and creating an instant fan base. You really need some stand-out gimmick for that, which I don’t have. I though needed something that not only is going to challenge and motivate me to succeed, but I could offer something of value that could attract visitors who would return.

So I added a debt free challenge to my blog, where I set a target date to eliminate my debt by with a live countdown. This should be interesting enough for people to see me succeed or fail, or just provide some amusement either way…while the clock keeps ticking. 

Now I just needed to add things that I could generate money from. So I asked for donations…which probably would  offend a few (or many)…or might draw enough attention to actually work. But of course I was not expecting that I could just hold a cup in hand and wait for someone else to get me out of my financial mess..no not at all. I just wanted to keep my options open just in case someone thought “I wish this blogger would accept donations”.

 I also wanted to make the blog versatile just in case some were tired of the discussion about debt and just wanted to spend money to buy an ipod or something. So I added a store, auctions and ebooks section that might interest someone to purchase an item that they were interested in and at the same time could help me get rid of my debt.

Then if my blog really grew in popularity, maybe those big advertisers would come along and offer me a nice sum to advertise on my site…putting a big dent in my debt.

Or maybe…someone would be so impressed with my blog that they would offer a pretty penny to purchase it and completely wipe out my debt. 

Ah yes…blogging away my debt is how I’m going to achieve my goal to be debt-free.

You may be wondering how does debt suddenly appear, then multiply like rabbits and then run you over like a train.  Well it’s quite simple it takes A + B to equal C (in this case D for debt). An event takes place that triggers another event to occur and then the combination of the two is the end result of it. For example, a brainless idiot cheats on his wife, gets caught, is booted out, left homeless, rents a 5-star hotel or sleazy motel (depending on what is available on his credit card) for the night or month, and next thing you know is involved in a long-battled divorce action and is now owing huge amounts of legal costs, alimony and child support for all his trouble. Of course this is an extreme case and most don’t need to resort to these measures to get themself deep into debt.

Debt overload can be caused from various circumstances from a job loss to overspending habits. Once there it isn’t easy to get out of and you have to scramble for solutions to reduce or eliminate it…or pray it goes away.