Imagine that you’re on a reality TV show facing an audience of 500 people. The stage lights are in your eyes, and everyone is staring down at you. You’re competing for an all-expenses-paid trip to a destination of your choice, and all you have to do to win is answer the question: how much debt do you have?
It’s a very simple question—which is why it’s weird that many of us would decline to answer, giving up our shot at the prize.
Let’s think about that: when exactly did debt become so personal, to the extent that we’re unwilling to admit we even have it?