Listening to this in the background and taking notes when something seems interesting so any and all of this could be completely wrong
Fiance has a small student loan and a small credit card loan (that she knows of)
Fiance blew his Achilles, only just getting back into work, job at specialty hospital bed company, I assume for
$5000 to $6000 saved prior to all this
36 years old
Works in some sort of victims of violent crimes advocacy thing
Take home is a little less than 5000 month
laid off twice last year
got into issues with credit cards
laid off in a tech sales position, then a position at a real estate tech company
- Founders of the latter helped her find her new position
"Not in a great place" "I thought I could rely on the credit cards and I wasn't making lifestyle changes"
- Working part-time at Target/Costco?
Breadwinner in her household?
Delayed wedding because of the money issue, lost deposits on a few things "only a few hundred dollars"
"What does he think about your financial situation"
"I don't think he knows"
....
"I pay all the bills"
"He knows about a few credit cards, not that they're maxed out"
"I don't want him to have to change his lifestyle if I can't keep up with it"
- based gender equality
General Financials -
Start of Month - $671
End of month - $304
Paid for "Experion credit report" $20 recurring
"Credit Fresh" $150 - "A lot of credit that I need to pay off"
Labeled one of her credit cards "savings"
No savings, no emergency fund
Debts -
Maxed out Capital One Card 1 ($876.15)
$32 minimum payment
$21.70 interest
Capital One Card 2 ($543.87)
13.64 interest
minimum $30
"My dog god sick so I kind went crazy and applied for a bunch of stuff and just kept it?"
Was not working full time at the time
Credit One Card 1 ($573.87)
Not maxed out
$30 minimum payment
13.64 interest
Credit One Card 2 ($908.15)
Maxed out $32 minimum payment
$10.04 interest
Still purchasing on it
Credit One Card 3 (908.15)
Minimum monthly $32
$20.70 interest
28% interest?
Aspire ($378.41)
Minimum Payment 35.47
$10.47 interest
"Verv"(?) ($1267.37)
Minimum payment $51
$30.58 interest
Not sure I heard that name right
Still purchasing on this card despite having been watching to the guy's videos for at least a month
Prosper Maxed out ($1463.31)
Minimum payment $48
$33.68 interest charged
Made purchases on this one too
32% interest?
Petal ($1959.54)
$40 under the limit
$59.30 minimum payment
$40.11 interest
Apple Card (???)
Repeatedly declined
interest charged was muffled, I think I heard "hundred" in there
minimum monthly is $85
Credit Card (44??)
- ???
Personal Loan ($2'100)
Estimated 20% interest
minimum $150 payment every two weeks
Car - $18'535
Buick Encore 2016 - 9'000 on it when purchased
$576.15 monthly payment
$201.93 interest (20% interest)
Bought at beginning of Covid, somehow this is the refinanced.
Five year loan
$1308 TOTAL MINIMUM
$450 A MONTH LOST IN INTEREST
35% OF HER TAKE HOME PAY
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lol i was just watching this episode with a 300k annual income doctor
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