Texas couple earn $ 161,000 annually, but they drown in credit card debts of $ 90,000, and spent $ 20,000 on the California holiday

Obtaining $ 161,000 a year and living in Texas, which is a relatively low -cost condition, and with a low tax, must provide an easy way to financial freedom. But for the couple of Fort Worth, they left reckless spending with about $ 90,000 of credit card debts – there is no clear escape.

In an episode of “Financial Auditing”, published on November 6, Alyssa, 40, and Kunor, 32, described how a series of bad decisions and discipline deficiency have been thrown into chaos.

Calib Hamer’s host, accusing the couple from the “millionaire” while he was carrying huge amounts of debt.

He warned that without a strict procedure, they would stay in the red heading to retirement.

As a nurse registered with 20 years of experience promoted to the administration in 2022, Alyssa earned $ 111,000 a year. Connor works in construction, gets $ 25, a relatively modest dollar per hour, and his annual income is estimated at about $ 50,000. Their common income puts them before many families.

“We are making enough to live well,” Alyssa said. “We made some bad decisions.”

One of these bad decisions was to pay several expenses to credit cards and only pay the minimum monthly balance on them. All, the couple owns more than $ 90,000 of total credit card debts. Hamer pointed out that it will take about 25 years to pay one card and 17 years to another if the couple continues to pay only the monthly minimum without additional purchases.

“Congratulations, you will approach 60 by the time when this is paid,” he said.

Despite the accumulation of a lot of debts, they fought to judge their spending. In 2022, for example, the couple spent about $ 20,000 on a month -old family vacation in California.

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“You, comrades, behave as if you were billions,” Hummer shouted. “I couldn’t even imagine [spending] $ 20,000 on vacation! “

In addition to their credit card debts, the couple also owns nearly $ 8,700 in student loan debts and more than $ 53,500 left on the Tesla loan, as they pay more than $ 1,000 per month.