We sure are assuming different things! I am assuming that they bought a good deal of their frills with their credit cards. I don't see that as truly "affording." I see that as rewarding one's self without putting any work into it.
This man has basically admitted to making a number of questionable purchases (and I strongly suspect the list is far more lengthy than a tv, a dog, a servant and a vacation). A fixed interest rate is not a cure for the underlying problem, which seems to be a pretty simple case of greed.
I wonder what kind of cars they are leasing? I’m picturing a BMW and an Expedition (for the baby).