Maxed
Out

Tuesdays at 8pm E/P

Plan

EPISODE 16 - Debt then Regret (Alicia)

Alicia is a shopper! The result is nearly $20K in debt. In just two months she maxed out three credit cards. What's worse, she's been here before. 2 years ago Alicia had a 20K debt and she paid it off by half. Now, she's right back up to where she was. Alicia was living a life of debt-then-regret. I gave her a plan that would help break her viscious cycle.

Alison's recommendations:

  • Go to the bank to get a loan to consolidate credit card debts
  • Wait 24 hours before making purchases
  • Answer a shopping questionnaire before making purchases
  • Use a budgeting software program to track dollars and cents
  • Find something other than shopping to fill the void