Wednesday, October 24, 2007

Mom With $135,000 In Credit Card Debt Who Spends $400 A Month On Starbucks

This lady who appeared on Oprah lives the life of a big house in the burbs, new cars, six beautiful kids, and spending way beyond her husband's $5,000/month salary. Felice drops $400 a month on Starbucks, $240 on tans and manicures, and her children have no health insurance.

"I have six kids and I sell their toys sometimes just because I don't like them." When money runs dry, as it often does, she takes out cash advances. She handles the family finances and hides receipts from her husband underneath a baby blanket in a drawer.

"When I do shop, I do kind of get a rush. It makes me feel good... but afterwards, though, I get depressed. I'll buy something even if I really don't like it because I have to come out with something."

They're on the brink of being totally financially destroyed with $135,000 in credit card debt, $1,700 a month for three cars, two mortgages at $685,000, and are two weeks behind on their mortgage payment. Before you make Felice out to be the totally baddie, the husband is just as culpable for not asking more questions and making sure the numbers add up. He even says that he would get credit card bills and not know where $10,000 of it came from. Source.

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2 Comments:

At 10/25/2007 5:01 AM, Anonymous art said...

I don't know if I consider the husband "equally culpable". Marriage is not supposed to be about playing mutual auditor.

 
At 10/28/2007 9:43 AM, Anonymous Anonymous said...

This woman is seriously mental. She is showing no concern for her husband or children.

 

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