My Favorite Business Resources
- Cheap Business Phone Service - Make phone calls anywhere for free or darn close to it.
- Cheap Printing - Always amazing deals on cheap printing with loads of free items.
- Manage Mobile Phone Costs - Great phone for controlling cell phone costs for business or teenagers.
- Really Good Web Hosting - As bullet proof as there is. A strong hosting provider with all the resources you need.

My Favorite Credit Resources
- Consolidate Your Debt - One monthly payment. Stop collection calls.
- Help Budgeting - Online and easy.
- Lower Your Car Payment - Refinance to reduce your monthly payment.
- Credit Report / Credit Score - This consolidated report is better than most.
- Credit Cards - Find the best card for you for low rates, balance transfer, credit rebuilding and rewards.

Jan

2008

CNBC Anchor Finds Himself Homeless, Drunk and Sleeping on Park Bench.

Posted by Steve Rhode as Debt Confessions, Mental Health

If you're new here, you may want to subscribe to my RSS feed right now, before you forget, to get the latest posts. Thanks for visiting!

Former ITN and CNBC newsreader Ed Mitchell has certainly fallen from grace from his days as a major broadcast journalist. Ed’s journey has gone from make-up under the lights to wake-up under the stars in the UK.

His story is one that shows you that no matter how important you might be or how successful you are now, money problems happen to people for all sorts of reasons.

Needless to say Ed’s story is one of change. He has gone from a friendly face on the television to a divorced alcoholic facing assault charges. Worse yet, it looks like his recent publicity and story may partially be a sham. He was outed by his 82 year old mother that said that he in fact had not been living on the streets, but with her.

He told journalists that he had been sleeping rough since February, but Mrs Mitchell, 82, said that he had stayed with her for three months until she asked him to leave in September.

Mitchell has maintained that his decline was a result of the fickleness of credit card companies, and that he was desperate for any kind of job, however menial.

But Mrs Mitchell, a former Wren, said that her son’s alcoholism was the reason for his decline and that his lack of effort in trying to get back on his feet had driven her to despair.

She said: “I didn’t want him to stay.

He never did anything about looking for a job and he never lifted a finger in the house or garden. He just went out and came back drunk. I told him he wasn’t doing anything. The pension only stretches so far. I’ve helped him every way I can.” - Read more of this story.

Listen to Ed Mitchell Explain His Situation on the BBC.

What is particularly sad about this story is that while Ed may have lied and fudged some of the truth about his homelessness, there can be no doubt that he certainly had underlying issues going on, that with help and assistance, may have allowed Ed to be able to make some sort of plan to rebuild his life, and even repay a portion of what he owed.

Debtors are not losers, just often complicated.