Did anyone see Dr. Phil yesterday?

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Registered: 03-27-2003
Did anyone see Dr. Phil yesterday?
12
Wed, 10-22-2003 - 7:47am
It might have been a rerun. It was about couples who are very close to going under financially.

The first was a couple who are 4 months out of bankrutpcy and she's still spending money on designer clothes every day. They had just taken a second out on their home and the bk only cut $300 per month off their budget.

The second couple was one that had four kids and the father had been laid off for 15 months. He started this "Dude on the corner" gimmick to get himself a job. He sits at a desk on the corner and promotes his website that has his resume on it. In a panic, and to avoid bk, his wife had sold the house, and EVERYTHING in the house.....clothes, toys, knicknacks, the furniture. The family now has about 8 items of clothing each and is living with her sister. (Why one of them didn't work at night was beyond me.)

The third I thought was the worst. Every payday, before paying bills or even coming home, the husband would go out and buy STACKS of dvds and other "entertainment" things. This couple had 2 little kids and there was the dad sitting in front of the NEW big screen tv playing on either his xbox, or his Playstation 2, or his Game Cube, or any of the other systems he owned. He had them all. They pay $135 per month in cable costs and are RENTING bunkbeds for $100 per month. One of their utilities are shut off about every few weeks. He went out and bought a new $350 stereo for his car when his wife's car's air conditioning was broken. He was just juvenile and irresponsible. They had $5.00 in the bank.

Anyway, it was scary to watch. I was telling my husband about it and he jokingly asked if I saw myself in any of the couples. I did. I'm the first one...still shopping even when times get tough. It's recreation to me, but I am better. We have been broke in our lives, but we never lived like that. We definately had some character in our brokeness LOL. But it was a good reminder to keep going on the straight and narrow. Just thinking about that show gives me more determination.

Any other thoughts?

Laura



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Registered: 04-28-2003
Wed, 10-22-2003 - 9:03am
I didn't see that episode, but the materialistic "buy now, pay later, even if I can't afford it" mentality is just so scary to me. I have been there....mainly with dh(he was the one in our marriage with this issue....I married into $20,000 in credit card debt) and it was a tough hole to get out of. We actually got out of the hole finally with dh's severence pay from a layoff. Now we keep our financing at one car and one house payment. Anyway, my point is that those couples are becoming more and more common...people need to wake up.


Edited 10/22/2003 9:05:23 AM ET by opal_27
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Registered: 03-27-2003
Wed, 10-22-2003 - 10:01am
I saw the previews to it, but missed the show. I would have liked to have seen it. Now I wish he'd do a show about some similar couples who have turned their financial lives around -- to show people that it can be done!

Sounds like those people need to tune into Dave Ramsey's radio show, or read his books. We were never in trouble like that, but have always had the common belief that we'll always have a car payment and a mortgage. Not anymore! The mentality that we "need" credit is so pervasive in our society - we're bombarded with those messages every day, but it's just not true. We need to run from it with "gazelle-like intensity"! (from the Dave Ramsey live event we went to).

Donna

Avatar for heatherr1
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Registered: 03-31-2003
Wed, 10-22-2003 - 10:20am
I couldn't believe it. The thing that bothered me about the first woman was that she harped on the husband to find a new job that makes more money. He has a job that he has been at for seven years and likes, but she wants him to bring home more money. She just couldn't see that she needed to quit spending because she is causing the problem!

The second couple was crazy! They sold all of their stuff and he went and bought a $3K laptop! Why in the world wasn't he working at Wal-Mart or something? Why wasn't she? They could have been working opp. shifts or something? His resume' looked terrible? As a professional he should have known.

I would have kicked that third guys a$$ about two years ago! There is no way that I could live with someone who would buy a big screen tv without even talking to me about it. They have all of the "stuff", but they rent their kid's bunkbed! He dad said that his weakness is his kids. He wants them to have everything. What he fails to relize is that offering them a stable future where they can keep their electricity on everyday is more valuable than DVDs!

Those are my thoughts:)

Heather












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Registered: 03-27-2003
Wed, 10-22-2003 - 10:57am
I saw it it was a new episode and I laughed all the through it I could not belive that first woman who was harping on her hubby to make more money WHAT FOR she would only spend it on another 200$ purse or a pair of 150$ jeans I dont even own an ENTIRE outfit that costs that much! LOL

The second one was just sad he turned down other jobs because they were too lowly for him and she does not even have any work at all she jut gave up and sold everything

The third ones made me sick that "DH" would have had his butt kicked to the curb you cant pay your electric bill but you can have a great stereo in your car?? reminds me of my DH (but we dont miss our utilities or mortgage payments and pay extra on our credit cards)


I WISH I could get it through my DH's thick head that we do not NEED to buy things on credit that life would be SO MUCH easier if we would WAIT and save to buy things after I paid off all our debt I told him that when he would ask to buy something I would say OK how much does it cost give me ____ months and you can pay cash and stupidly I did not fight for my position!! I just said OH FINE FINE quit pouting and go buy whatever you want and dont b@#$H to me when you have to take on another couple of jobs so we can pay the credit card bills we are not in as bad of shape as we were a couple years ago but that is only because I took his cards away from him and now I am making him sell some of the junk he bought!!

sorry to rant but we were financially secure for about 4 months before he went haywire shopping again!! it was a nice feeling and I wanna be there again I already told him he will never again be allowed to use a credit card without me being there with him for him it is too tempting it is like a kid shopping with his grandma no thinking about where the money is coming from

ok I will stop

Take care

SUE

Avatar for joyleft2
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Registered: 03-27-2003
Wed, 10-22-2003 - 12:12pm
I made sure to watch it. Was anyone else disappointed in the fact that they didn't use more of the show to discuss the problem and ways to fix it?? It seems like the whole show was dedicated to meeting "new" people in financial crisis and no real time to help any of them. There were so many issues that were never touched on. Joy
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Registered: 03-27-2003
Wed, 10-22-2003 - 12:45pm
I was disappointed in that too I was hoping for more real world and more ideas on actions to be taken instead of his quick fix things I was hoping really really hoping that he would actually SHOW what a great resume should look like instead of hooking the guy up with pros to do and I was hoping for real answers instead of "buy so and so's book" well HELLO people who cannot pay thier electric bills should not be BUYING books!!

at least he did suggest using the library to borrow movies and books and use the internet but most people already know that one!! (well I guess it is news to some)

I was also hoping he would tell the chick with the champaigne tastes to sell some of her stuff and CUT UP THE CREDIT CARDS!!

but then I guess I will always be disappointed in Dr Phil and Oprah after coming here and learning so much

Oprah's show on money saving ideas (I think it was last season or 2 seasons ago) was CRAZY but we already talked that one to death when it came on

Take care

SUE

Avatar for heatherr1
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Registered: 03-31-2003
Wed, 10-22-2003 - 12:58pm
ITA

Heather












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Registered: 03-25-2003
Wed, 10-22-2003 - 1:04pm
I was very disappointed in that too. He never ever did tell that woman that why should her husband make more money, she would only spend that too, and he didnt deal with the root of the problem. It is interesting to find out how stupid people can be but it would be nice to get some real life advise. I'm also ticked off that those people filed bankruptcy because of her stupid obsession and credit cards, and you know we're all the ones who pay for the bankruptcies in the end. It's very sad that there are so many people who use bankruptcy for unlegitimate purposes. If there's a job loss & someone is really unable to make ends meet, or medical catastrophy or something, yes. But for people who go broke buying designer clothes & big expsnsive vehicles, it stinks that they can declare bankruptcy & get away with not paying off their debts. And then how many do it all over again??
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Registered: 10-07-2003
Wed, 10-22-2003 - 3:13pm

It was quite disgusting.

Pumpkin

&nbs

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Registered: 03-27-2003
Wed, 10-22-2003 - 4:04pm
I think the wife in couple #1 worked *2* jobs -- her regular job plus a waitressing job on the weekends. If she's working that much, how does she even have time to shop?

I don't think couple #2 was that unusual in that they tried to maintain their standard of living for so long. I've known families where the dad was unemployed for a long time, yet the kids were still enrolled in expensive lessons or activities. That's fine if mom has a good paying job, but not OK if the family is charging everything. The recruiting firm that is helping out the guy is one of the top executive recruiting firms in the country -- probably not a firm that routinely places mid-level jobs. I think the guy was in IT with an accounting background. And he was in Texas. The IT market in Texas is virtually dead. I know, my DH works in IT (in Texas) and he used to be able to change jobs whenever he wanted to. He totally hates his job, but is stuck -- there just aren't any jobs out there, and unfortunately some of them are moving to India.

The guy from couple #3 -- of the people interviewed, he made me the most angry. He let his family go without basic necessities just so he could get a new electronic gadget or so he could buy his kids an expensive toy they didn't even play with. Take about misplaced values!

I'd also like to see a follow-up show. I'd particularly like to see how couple #2 builds their life from scratch after he gets a job.

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