After analyzing their data, Suze wants to find out what Scott actually knows about his family's finances.
Scott says he thinks it costs around $2,500 a month to run their household and they have about $200 in savings. If he were to lose his job, Scott thinks they could pay their bills for about three months.
"Let me tell you now the truth about your situation. It doesn't cost you $2,500 a month to live. It costs you $8,000 a month," Suze says. "In fact, you are approximately $95,000 in debt—not including the house."
Suze tells Carol and Scott they aren't three months from losing their home. "You are one day away," she says. "You do not have one day of savings to live."