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How Lifestyle Creep Caught This High-Earning Couple in $520K of Hidden Debt
a 40-year-old woman, shocked by her husband's hidden $520,000 debt, learns about lifestyle creep catching up on high earners. They rarely discussed finances despite earning well, which led them to seek financial advice and confront their spending problem. The couple's fixed costs account for 94% of their take-home pay, making it vital for them to stop using credit cards and create a plan to pay off their debts. However, such a change in spending habits is not easy.
Financial Challenges
The couple's fixed costs account for 94% of their take-home pay, making it vital for them to stop using credit cards and create a plan to pay off their debts.
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