Empowring Productions, Inc.
Powerful Radio Productions
Accounts Unpayable
Accounts Unpayable
Accounts Unpayable
Friday 13th December 2019
Tune in to hear Roy's journey from compulsive debting to recovery with Debtors Anonymous on Steppin' Out Radio.
21 minutes
Informative
Hopeful
Supportive
Transformative
Engaging
About this podcast
Author:
Empowring Productions, Inc.
Overview:
Categories:
Sobriety Success Stories
Family Recovery from Addiction
Creative Recovery Journeys
Understanding Addiction & Recovery
Financial Health in Recovery
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Episodes:
299 (View all)
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Get the buttons here!Roy's Financial Struggles: From Debt to Recovery with Debtors Anonymous
I have a Six-Month prudent reserve. Yeah, I made a list of people that I wanted to buy gifts for for the holidays and you know I wrote down for the kids and, you know, for the adults, because I'm having A Pretty Good Year and I could be generous.
Ever wondered how childhood habits can shape your financial future? Roy's story might give you some answers. Growing up, he borrowed money from his parents without ever having to pay it back. This seemingly innocent behavior laid the groundwork for a complicated relationship with money. Things took a turn for the worse after the 9/11 attacks, when Roy, a freelancer in New York City, found himself without income and drowning in debt as many of his clients went bankrupt.
Behind on rent and overwhelmed, he knew something had to change. Roy turned to Debtors Anonymous (DA), where he discovered the importance of financial independence and accountability. Through DA, he learned how to plan his finances better, the value of having a prudent reserve, and the balance between generosity and overspending. His journey is a candid look at the struggles of compulsive debting and under-earning, and how recovery is possible with the right support.
This episode is perfect for anyone grappling with financial issues or looking to understand how early experiences can impact adult life. Roy’s story is both relatable and inspiring, offering practical advice on mindful spending and the benefits of financial planning. Whether you’re in debt yourself or supporting someone who is, this episode provides valuable insights into overcoming financial challenges.