The title represents someone I was speaking to recently and I think this is very sad. There is a family with a small child and the state of their finances goes like this”

  1. No savings
  2. Huge debt
  3. No budget
  4. Irregular income

The husband works from home as a private consultant but is very lax about collecting debts that are owed to him. He extends credit to his customers who usually take months to pay him back, always claiming that they do not have any money.

The wife works for a steady paycheck but her income is  not enough to support the family on its own. She is distraught about the family finances, especially since she found out that the mortgage had been in arrears for a couple of months.

I have tried to talk to this person but he does not seem to want anyone to help him. Oh well, you win some you lose some.