...she and her husband earned more than $200,000 a year, lived in a 3,200-square-foot custom-built home on an acre, and bought a new car every year.
The mortgage wasn't the problem here. Incredibly poor money management was.
Took the words right out of my mouth. I'd bet a paycheck most of them were in Visa debt up to their eyeballs and had mortgages they couldn't afford even when they were making money.
We've survived just fine thank you, even after losing a job last year and being employed again at 1/3 less salary we're doing just fine ourselves thank you. Because we bought smart and thought ahead. And what a piss poor excuse, lose your job and get into financial trouble, so throw the marraige and kids away...gee, can you spell L-I-B-E-R-A-L?