Part 4/11:
During the financial audit, Julia disclosed that she has substantial credit card debt, totaling around $4,200. However, she initially stated that her debt "isn't that bad," illustrating a disconnect between her financial reality and her perception of it. Her spending habits include approximately $700 monthly on miscellaneous expenses, revealing gaps in her financial planning.
As the conversation progressed, the host pointed out that Julia was behind on multiple payments and racking up fees due to her late payments. Shockingly, she admitted to being five months behind on payments for one of her credit cards and that her overall spending often exceeds her income, leading to debt accumulation rather than reduction.