Harold 
, 22 , Houston, Texas
"I didn't know how interest worked until maybe four days ago"
Guy does not comprehend how fricked he is if he doesn't get a new job immediately
Nearly 90% of his income is going towards needs
Income -
Physical and Occupation Therapist Assistant
Straight out of High School
week $17.50
weekend $18
30 hours a week
1600 a month before taxes
Wants to become an accountant
Living Situation -
Lives with Grandparents, has been for 20 years
Parents 'not in the picture'
Plans on moving out
Debt/Expenses -
Lots of eating out, Door Dashing and Dollar Tree visits
Usual "I've changed since the statement" spiel (it's a week and a half)
Late fees
Financed a washing machine for his grandparents
- $135 minimum monthly payment (has already missed payments?)
Car Debt
2018 Mazda 3 sport 93200 miles on it
16'870.63
$286 payment
3.99%
School Debt
Went to Boston University for 2 years, dropped out 'because [he] didn't know what [he] wanted to do'
- Degree in International Relations
Interest Rates 3-6 percent
~170 minimum payment?
Total Minimums:
- $700, more than half his income
- $700, more than half his income
Grandparents are in 20k debt, late sixties early seventies in age
On his grandparents insurance
Pays multiple people's car insurance
His is $168
$309 monthly in payments on other people's insurances?
Credit Cards:
Discover Card - $1700, 25% interest, $40 fees
- He keeps doordashing Mcdonalds even with the late fees
Attempting a Balance transfer
Spent $59.20 on gas last month
$71 internet bill
Career -
Wants to get into accounting
Plan is to become a firefighter for a couple years?
Savings -
4% matched contribution to 401k, 2500 in there
Has a balance around $1200
- last month had more hours worked than last time
Jump in the discussion.
No email address required.
Jump in the discussion.
No email address required.
More options
Context