The Most INSANE Debt Anyone Has Ever Tried To Defend | Financial Audit

A video on YouTube. In Business & Money, a Krater category.

Summary by Krater

Antonio, an audio engineer with maxed-out credit cards, over-budget rent, and a 2018 Chevrolet Cruze, goes through a financial audit and receives a zero out of ten financial score.

From the video

Answers: What does a financial audit reveal about an audio engineer's debt and spending habits?

personal finance audit
credit card debt
car loan debt
rent burden
budgeting and saving

What it concludes

Antonio's credit cards are maxed out, and he is spending nearly 60% of his take-home income on rent and utilities.
He has over $5,000 in credit card debt and a car loan of 48 months with a $300 monthly minimum payment.
His financial score is zero out of ten, driven by severe debt, maxed-out credit limits, and high living expenses relative to his income.

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