EFFORTPOST Husband and Wife both working 80 hours a week to pay colossal debts they've taken on in the last year and a half

Ariel 30 and David 35, Louisville TX

Personal Lives:

• No kids

• Married for a year

Education: timestamp

• Husband

  • No college

  • Current career plan is becoming a dominoes guy? I'm so confused timestamp

    • Sounds like he's being sold down the river tbh but I'm paranoid

• Wife

  • BS in Rehabilitation and Concentration of Orientational Ability (not sure I heard this right)

  • Had to pass a test to work in the field but failed it and they wanted her to take it again so she tried to get a job in the process while studying for the test so she went for another area of work and never took the test a second time?

    • Salary for this is between 55k (average) and a 104k (top)

  • Started college for nursing but she couldn't handle vomit

Careers:

• Both have 80 hour work weeks

• Ariel -

  • Both jobs remote

  • Payment processing for an auto company

  • Second job at a comtech company helping build websites?

  • 40k salary from each job

• David -

  • Amazon Warehouse forklift driver

    • 39 hours 17.20 a week. Flex hours

  • Dominoes Pizza Delivery Driver

    • 40 hours

    • Around 260 biweekly and 600 a week in tips?

  • Donates plasma twice a week

    • around 120 a week

Debt:

• Why are you guys working so much timestamp

  • Claim they've already started trying to get rid of debt, almost gotten rid of husband's then dealing with the wife's after

• Didn't save money for their wedding, some of their debt is from that

• "Are you guys completely on the same page when it comes to personal finances?" timestamp

  • Wife wants to do things, husband wants to get rid of debt

• Wedding expenses discussions timestamp

• 2019 Toyota Highlander 44'332 => 32'806

  • $725 minimum monthly payment

  • 5.4%, 5 year

  • Thinking about selling it. Believes it's not upside down

  • At the time he'd purchased this, a year or two ago, he'd paid off ALL their debt except her student loans

• "I got all those credit cards because I was taught that.. you know... umm.. I guess... if you have higher I mean cards with higher limits on it you have I don't remember the technical term for it but I heard it's supposed to be better for your credit if you have a higher spending limit or something like that"

• (Card 1) FNBA Visa $3475: timestamp

  • Paid for Best Man of the wedding's travel expenses

  • 0% but not sure how long it will be

  • $70 minimum payment

  • "It's so low, we can definitely get that paid off"

• (Card 2) Navy Federal $11'714: timestamp

  • Wife tried to get into e-commerce "I took a course"

  • Two $5'000 courses, she got taken for a ride

• (Card 3) Navy Federal $3'378: timestamp

  • For wife's everyday purchasing

  • Made 116 payment, Bought $544 in new purchases

• (Card 4) Discover Card ($6'000)

  • Husband's

  • Two sections, 1 accruing interest, 1 not. Already paid off one that was

  • 0% interest ends on September 4th

  • Part of the wedding debt

• (Card 5) Amazon $1400 timestamp

  • $7.86 interest, $39 late fees, she thought she had auto pay on

  • 400 payments, 360 in new purchases

• Other credit cards all paid off now?

  • They said this after card 1 but there were so many more

---Intermission while she pulls up student loans---

Caleb (to the husband): "can you say something upsetting so I can verbally so I can get some equal treatment over here"

Husband: "I just wanted to stay out of it, I've talked to her enough I need somebody else to say something..." [he goes on but it's just filler]

---

• Student Loans (51'000)

  • Around 600 a month minimum payments when it starts up again

  • She thinks payments start back up in June 2024 timestamp

• Car 2 Around 16'097(?)

  • $366

  • 4.39%

  • 72 month term

Savings:

• Retirement Fund $1'000

• A collection of small checking/savings, none higher than 500 I think

Living Situation:

• $1600 a month 1 bedroom, thinking about a new lease or acquiring house? Wife burned down the kitchen? timestamp