Money Makeover: Helen and Ray Newland

money-makeoverThe LA Times posted a Money Makeover yesterday: Overspending on a six-digit income which profiles Helen and Ray Newland of Brea, CA. Despite bringing home almost $100,000 in income (after taxes - that is net people!) they have $26,000 in credit card debt, $45,000 in student loan debt (parents loan by the way - they are 44 and 45 now - kind of scary that they are still have that debt hanging around).



Huge debts, paid off fast's article: Huge debts, paid off fast has some inspiring stories of extreme debt repayers. These folks have made paying off debt their #1 priority and have made amazing progress. The story of the couple with the college aged daughter and $49,000 in credit card debt really caught my attention.