cover of episode McDonald's Is More Important Than Her Child | Financial Audit

McDonald's Is More Important Than Her Child | Financial Audit

2024/10/4
logo of podcast Financial Audit

Financial Audit

Chapters

Elena, a 34-year-old single mother, reveals her financial struggles while living with her parents. Despite earning $34,000 a year, she consistently overspends, prioritizing going out to eat over paying her debts. Her avoidance of financial responsibility and reliance on flawed budgeting methods have led to mounting debt and a declining credit score.
  • Elena earns $34,000 annually and lives with her parents.
  • She overspends by $400 monthly, prioritizing eating out over debt payments.
  • Elena admits to prioritizing fast food over her child's future.
  • She receives inconsistent child support payments.
  • Her budgeting method is ineffective and inaccurate.

Shownotes Transcript

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