Do you know someone in credit card debt?

I had $38,000 credit card debt. I have been working overtime and no unnecessary spending for 2 years and I am down to $4500. I can almost taste the freedom!!! I will never do this again.

No debt is the best sleep anyone can have…

This makes me feel better about the remaining $20k in student loans I have. I paid off $40k in 1.5 years, which I’m pretty proud of.

"My $600K Life"

I watch vids like these out of morbid curiosity and it will never amaze me how little control people have over their spending.

I was scared when I once had 1.5k of debt, made sure to pay it back as quick as possible. Can’t imagine if that was 15k or even 150k.

Going into debt for a Disney trip is insanity.

I be feeling like shit about my little $3,000 of credit card debt then I watch your videos and be like “let me just shut up and make a payment”

I have $270 of credit card debt. It'll be paid off next month.

She spent $5000 on a week at Disney? I spent $5000 traveling around Russia and the Balkans for a month. I saved the money before I traveled. No debt. These people are nuts.

"We want a vacation"
"We have no money for vacation"
"We decide to go to Disneyland"
What are you, 12?

I grew up with a grandma who showed me every bill, her income and how much was left over afterwards for food, etc. I was never under the delusion that we had more money than we did. Little did I know...she had a very hefty inheritance stash that I didn't find out about until much later because she lived on a tight budget, on purpose. Without her and my economics teacher...I'd be eyeballs high in debt.:hand-orange-covering-eyes:

I'm a credit card dead beat: I pay the balance off each month. It's insane how often I get offers to increase my credit limits. Insane.

The "spend money to make money" lady was being scammed. She mentioned her "upline," which means she was involved in an MLM. I wonder how much of her debt is for her MLM product she was told she had to buy so she could have sufficient inventory to make sales.

10:01 she said "upline"- she is in a multi level marketing scheme! Of course they would say "spend money to make money". She spent money, enriching her uplines and helping them reach their downline sales goals, at her own expense! What a sad way to announce youre being scammed.

I am 29, married with 2 kids. My wife & I recently became 100% debt free!

I don't blame anyone who goes into their credit cards after a job loss or other sudden change of circumstances, those bills need to get paid somehow. But fast food? Clothing? Trips? It's really hard to be sympathetic when people know they can't afford that quality of life but do it anyway.
"Spend money to make money" means investing in your business, your education, your employees, your product. It doesn't mean trap yourself in debt for something that will impress strangers but adds nothing to your ability to earn.

I am 70 years old
Zero debt. Zero credit cards  I live extremely modest

"credit card haul" is proof we live in hell