THIS COULD HAPPEN TO YOU, BOYS: I Married a Big Spender: What It Cost Me, and What I Learned

The icing on the cake? When I proposed to Leslie in 2007, I bought her a $6,500 diamond engagement ring — with money from a student loan.

More than a year passed before I started to worry about our debt. And that’s exactly what I thought it was: our debt. I didn’t think it made a difference that all of it — the condo, $25,000 of credit card debt, $70,000 in student loans — was in my name.

Read more…

Thanks to listener Shawn Smithson.

6 Responses to THIS COULD HAPPEN TO YOU, BOYS: I Married a Big Spender: What It Cost Me, and What I Learned

  1. Patrick July 12, 2014 at 2:53 pm #

    If he had used that money to support himself during the early years of his career he would be making bank as a Production Designer instead of living at home and having to teach for income.

  2. Athirson July 12, 2014 at 6:33 pm #

    Dumbass graduates from college without the chops to pass Finance 101. No wonder today’s college grads can’t get jobs. Perfect example of why their degrees aren’t worth anything

  3. Steve Stiffler July 12, 2014 at 9:32 pm #

    Obviously not a Leykis listener. Overprivileged a-holes like this guy deserve much worse.

  4. Rob S July 13, 2014 at 8:17 am #

    The last line is key, never assume someone else’s debt. He was used by his partner during courtship and marriage and she continued on to Wall Street where she will further fleece investors and be rewarded.

    Regarding college, many Lykis listeners like to dump of the value of a college degree. College is a tool if used properly prepares one for a lifetime of work, learning, contacts, friends and most importantly, the ability to think critically. Depending upon a college degree plan to map out everything one needs to learn is not taking full advantage of a learning institution. Theater majors learn to produce theater to the best that their talent permits. If the student fails to take the courses needed to think critically about finance that is the the fault of the student not the institution.

  5. Robert July 17, 2014 at 12:19 pm #

    What a dumbass…she never really loved him and only used him to get to NYC.

  6. Chris July 19, 2014 at 5:09 am #

    the best advise I ever heard! “you can lose a lot of money chasing women, but you’ll never lose women chasing money!”

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