It goes to show that there are people who do not know how to manage their finances and regret it later in life. This woman was a real estate agent and i guess her income was really high from selling properties during the property boom.
Some points to summarise:
She was $100k in debt at just 27 years old.
Spent $10,000 a month just on entertainment.
I wondered how she manage to spend so much? $10k/mth is a big amount to just be entertained.
Bought a car for $70,000
Splurges on designer clothes and bags, and dining at exclusive restaurants.
Invested $30,000 in a dubious scheme which her friend promised a 20% return. Was conned and the ......
