WRAL SmartShopper

WRAL SmartShopper

What NOT to do: shocking story of overextending

Posted February 25, 2011 12:33 p.m. EST

Here's a shocking story of how much one family was overextended and how they continued to overspend until the financial planner had a word with them. Even after filing for bankruptcy, they went on a lavish vacation at a 4-star hotel. HERE's a great example of what not to do and the course of action the financial planner had them take to start digging out of the very big hole they are in.

Click HERE to read the article in the LA Times.