I’m in debt: Is this True Life?

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I've already confessed to my demographic denial and subsequent MTV viewing habits, so it's probably no surprise that during our early March snowstorm, I got sucked into a shame spiral of MTV's "True Life" series Click here to learn about third-party website links. One of the episodes was “True Life: I'm in Debt.” It profiled three young women—all twenty-somethings—with masses of debt, limited or no incomes, and relatively cavalier attitudes about their predicaments.

Now, I know enough to take my MTV programming with a grain of salt. Nonetheless, the “I'm in Debt” episode triggered all sorts of emotions for me: fascination, disbelief, pity, and even some nausea. The fact that one of the debtors, Ashley, entered her bankruptcy Click here to learn about third-party website links attorney's office with a $4 venti cup of Starbucks made my skin crawl. But more than anything, I was frustrated—frustrated that these three young women had let their financial lives get so out of control.

I sought therapy in the form of other bloggers, like Young and Broke Click here to learn about third-party website links and the Frugal Law Student Click here to learn about third-party website links, who'd had reactions similar to mine. But here's my question: does a program like this serve as a wake-up call to others in similar situations, or does it simply condone irresponsible behavior? If I'm being too judgmental, let me know.

2 Comments

Staci - I'm listening to you speak at BlogHer as I write this. You are not being too judgmental - young people need to know that the lottery win may not come in time to bail them out. Nice work here!

Thanks, Lori--Sometimes I worry that my perspective is skewed because I'm a banker. But for balance, it would be worthwhile for me to seek out the other side of the story (however, I'm guessing MTV won't air a "True Life: I'm Fiscally Responsible" episode anytime soon!).

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