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shopping9h ago
'I Don't Know How Much Longer I Can Keep Doing This,' Says 52-Year-Old Attorney As $600K Debt And A 65-Year-Old Husband's Tech Spending Pile Up - Best Buy Co (NYSE:BBY)
- A 52-year-old attorney reports debt and her husband’s tech spending creating a breaking point.
- Imani and Michael, 65, earn $268K annually and face major debt including mortgage and HELOC.
- Sethi notes a parent-child dynamic in their spending and budgeting struggles.
- The couple has tried multiple budgeting systems and coaching without lasting change.
- Imani worries the debt could affect her and Michael’s future retirement.
- Michael’s spending on electronics is cited as a key obstacle to financial progress.
- Parents’ past military discipline contrasts with current financial freedom and its consequences.
- Imani has tightened budgeting in the past but family demands shifted control.
- Sethi frames the couple's issues as a sign of deeper communication and planning gaps.
- The article highlights the couple's fear of debt and potential long-term consequences.
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