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

https://youtube.com/watch?v=gmft7tIyxoQ

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 :marseydoomer:

  • 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"

https://i.rdrama.net/images/16909995504420295.webp

  • (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" :marseyxd:

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

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

    • 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 :marseyxd:

  • Other credit cards all paid off now?

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

---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
109
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That actually looks like a doable way to unfrick this situation... Best of luck

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