Submitted by [deleted] t3_1275uz3 in personalfinance
ItsWetInWestOregon t1_jecu3fj wrote
Reply to comment by HydraKirby in Are we living out of our means? by [deleted]
Well it’s not sustainable if they also don’t have a plan for retirement. Current lifestyle costs for everyone need to include the retirement plan. If the debt is for everyday expenses they are already above their means. If they can’t pay off $10k in debt when they have less expenses, how would they pay for any home maintenance or emergencies once their bills rise?
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