- Sandy and Mike are living in bliss with their new baby. Sandy's taken a year off work to stay home with the baby, and she spends most of her time shopping. Meanwhile, Mike's set up their banking so their mortgage is paid by their line of credit. Neither of them have any idea of how deep they're really in. When Gail gives them the bad news, it doesn't go over well. Will these two lovebirds get out of the situation Gail calls "the worst ever?"—Frantic Films
- Married for three years with an infant, Sandy and Mike, former high school sweethearts, are in the worst financial situation of any couple Gail has so far counseled. Their problems are in some part due to the actions of their loving family, who allowed them to live rent-free for the first years of their marriage. As such, they have no sense of money or its management, they who have always supported each other in their spending. They have since bought a house, which only increased their spending in buying stuff for it, or for throwing party after party first to show off the house, and then second to show off their baby, Chase. On top of their $225,000 mortgage, all payments toward which have come solely out of their line of credit, they have $61,000 worth of consumer debt. The smiles and the laughter hide how seriously in trouble they know they are. Beyond all the spending on unnecessary stuff, Gail sees that their fixed expenses take up eight-two percent of their income, which leads to Gail asking them the tough question if they can afford to be home owners at this stage in their lives.—Huggo
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