Tomorrow, Secret Lives of Women: Shopaholic
Back in July I had came across a show called Secret Lives of Women: Shopaholic and found it very interesting. There was not a future episode of this coming up any time soon. This weekend I happen to come across this show and on Tuesday, November 6th at noon (Central time) on WE this particular episode will be on again. So if you’re curious about the three women and their spending habits, be sure to catch or record this show.
I want my wife to watch this too without being too obvious about it. The whole point of this particular episode is that these women spend money they don’t have. Some resort to going deeply into credit card debt to continue the habit. Its sad how quickly some people consider bankruptcy to get out of the mess they created. My wife once thought bankruptcy was a credit reset button until I explained that her student loan debt not even considered and must be paid at some point. That put an end to that idea quickly.
When my wife is done with school here in December, the whole college thing will be behind us. I have no desire to go back to school right now mainly because I want to clear the debt first. Her student loans are on deferment right now and I am concerned as to what the payments will be come July next year. We may try to sell the house again in the spring depending on how the market is trending. That is all stuff to worry about next year though. Christmas is coming soon.
Bankruptcy is not a credit reset button even without student loan debt. In bankruptcy, you go to court and they take everything of value you own, save for a few heirlooms and basic living necessities. Then they tell you how to spend your money. I’m oversimplifying, but I doubt anyone who actually went through bankruptcy would recommend it!
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