My Story

From age 21-23 I accumulated day trading losses of over $250,000. I traded with money from loans as well as trading my mother’s account (to the tune of 150K in losses).

In other words, I was the stupidest kid ever.

I finally started getting my act together in Jan. of 2007, after a last ditch effort to convince my mother to let me trade more (with her money, not even using a free broker like Zecco)…I hit rock bottom. I confessed what I had done to my family, and started to clean up. I saw a counselor for some time, short sold my home, lived in my office for 2 months, declared personal bankruptcy, and completely revamped my small business…and that was just the 2nd half of 2007.

I started this blog originally as just a journey to keep me on track, as well as have a place to process everything that was happening. That’s still pretty much the focus of the blog, though I do write some helpful posts like how to raise your credit score from time to time.

I don’t know what my future is going to look like. I do know that I’ve grown a ton in the past year, largely in part because of this blog. My readers keep me accountable and inspire me to keep going, even when I get overwhelmed with the enormity of the situation.

“a man must take responsibility for his actions” – Lee Adama ( Battlestar Gallactica, 1st Season)

Contact Info

  • contact me: admin @ debtkid dot com
You can also follow me on twitter or facebook

Press Requests

I’m open to interviews (pseudonym source only), and I could talk for hours on the follow topics:

  • foreclosures, short sales (ie, how I short sold my home)
  • bankruptcy (I did a Ch. 7)
  • 20’s and money problems (I’m 25….)
  • day trading/forex trading losses
  • being frugal
  • dealing with debt

Radio Interview – Bob Brook’s Show

An interview I did with a finance radio show in Texas:

[audio:prudentmoney.mp3]

Networth Updates

Here’s an interview I did over at Geezeo that covers quite a bit as well.

Subscribe.

Clicky clicky. you know you want too…

rss-icon.png

Save Money

I’ve got a great new online coupons section open now. It’s updated with the latest deals from hundreds of merchants including: