I have this friend. A mountain of unexpected medical debt buried his family at the start of last year. At the same time, the closing of his business stuck him with six figures of personal debt. Liquidating a retirement account and maxing out credit cards bought him short-term breathing room. Mostly, though, it added interest charges and tax penalties to what he already owed.
A year on, the debts still crush him, and the poor fellow only just manages to keep his family housed, fed, and safe. I should add that he’s a professional who enjoys a great job with a generous salary and terrific benefits. One of the lucky people. Privileged, even. Somebody you’d expect to be quite comfortable. But he wakes in fear each morning.
To all who struggle in these times, be kind to others and gentle with yourself.
