Sunday NYT Magazine: Dilemmas of Debt

I finally finished devouring my Sunday New York Times Magazine and, as always, nearly every article in there is thought-provoking and interesting.

There is a profile of Suze Orman, the personal finance maven who I always thought dispensed pretty obvious financial advice. (It’s not an entirely flattering portrait, but my guess is her $20 million-plus fortune is secure.)

There’s also a very interesting piece about the credit card companies’ efforts to learn about their customers’ purchase and payment habits and the ways in which they get those who’ve defaulted to pay up. (Also not flattering!)

Anyway, the issue is provided for free online but a subscription to the Sunday NYT is, to my mind, your best investment. Just don’t use your credit card.

P.S. As much as I love The Washington Post, its Sunday magazine has become, IMHO, cartoonishly bad. This past Sunday’s issue was dedicated to the 2009 Post Hunt, which apparently appealed to a whopping 10,000 area residents. How on earth is this of any news importance to justify making the cover of a purported news magazine?

I wish the editors over there would realize that substance sells. Either include real magazine journalism in the Sunday magazine or cease publication and put the money saved into journalism that can appear in the rest of the paper.

Much better would have been include this heartbreaking and well-reported story by DeNeen L. Brown (Style, May 18, 2009) about how you need to be rich to be poor and crafting an issue around poverty, finance, and the state of the U.S. economy./rant