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Kathi and Steve are both 51 and have four adult children, two of which still live at home. Their combined income is $100,000 a year, and they have approximately $34,000 in credit card debt.
Although that credit card debt might seem daunting, their bigger problem is spending $700 a month supporting their 22-year-old son!
financial: Please note: This is general information and is not intended to be legal advice. You should consult with your own financial advisor before making any major financial decisions, including investments or changes to your portfolio, and a qualified legal professional before executing any legal documents or taking any legal action. Harpo Productions, Inc., OWN: Oprah Winfrey Network, Discovery Communications LLC and their affiliated companies and entities are not responsible for any losses, damages or claims that may result from your financial or legal decisions.
From The Oprah Winfrey Show This is the Year to Get Richer!
Published on January 01, 2006
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