at least I have my stuff
I was watching a financial show over the weekend and a lady from California came on with a question about how she can fix her financial situation. This woman (and her husband) were $230,000 in credit card debt! Yep, you read that right, $230k. On CREDIT CARDS! Their 19 cards averaged 19% interest which will allow them to be debt free about the time of the Apocalypse. These big-brained money gurus have expenses of $ 19k a month while their take home pay was $10k. The financial person’s head nearly exploded.
In the pro column is the fact that they have a beautifully landscaped house filled with wonderful things. I guess the warm-fuzzy they get from all their crap will be a huge consolation when the constable knocks on the door, pulls her from her bauble filled house and pad locks the door. When told that the first step in fixing this mess was to sell their house the woman replied “well, that’s not going to happen”. When she said she wanted to keep all her stuff the host told her that she had nothing. She was also told that they most likely could not file for bankruptcy since their household income was too high.
This chick was in such denial it was hard to believe it wasn’t a put on. You just wanted to reach through the TV and beat her about the head and shoulders. This mastermind’s solution was to go out and get a job. First, in case you hadn’t notices the job market sucks. Second, you have a $9,000 deficit each month, stupid. So unless you can command a salary upwards of $10k a month you’re screwed blue and tattooed. And if for some reason you can get a job for that kind of money, maybe you should have got off your ass two hundred and twenty nine thousand dollars ago.