Jessica Watson shows how to get your parents out of debt in 210 days

Have your mom and dad got a large, steaming pile of debt? Young sailor Jessica Watson shows you how to solve this problem in a matter of days… 210, to be exact.

I’m being a bit cheeky, but my attention was caught by this comment on Australia’s youngest hero after she completed her round-the-world voyage this weekend. Her manager, Andrew Fraser commented,

“[Jessica] was mindful of her family’s financial position. All she said was that she wanted to come home and make sure her mum and dad weren’t in any debt, so my job is to make sure that happens and that she’s set up for life.”

Not that the Watson family’s financial affairs are any of the public’s business, but it’s not a comment I would have expected from a kid who’s grown up in sailboats. At any rate, it’s a pretty noble ambition. Now that Jessica has reached legend status, her sweet sponsorship deals with 43 organizations, debt will likely be a thing of the past for all of the Watsons.

Now, I doubt that debt was the motive for Jessica’s daring voyage. However, it’s always inspiring to see how a financial challenge can cause some people to turn up the intensity and get bold and creative.

So… how to beat your debt? Well, if you’re less than 16 1/2 years old, have a sturdy sailboat and about seven months to burn, why not try to break Jess’ new record? Any takers?

Have you ever done anything a little crazy to avoid or attack your debt? Please, do comment:


2 responses to “Jessica Watson shows how to get your parents out of debt in 210 days

  1. Done something crazy? You betcha…isn’t it the definition of insanity…doing the same thing over and over and expecting a different result.

    So if I don’t budget year after year…that is crazy.

    • Hm, I know what you mean. It’s super-easy to get stuck in a certain mode of doing things, especially with money-habits. Making the change initially is always the hardest part. Like fasting: your stomach growls like mad at first, but then you get used to it and enjoy the benefit of it!

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