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International Business Times UK
International Business Times UK
Business
Ma. Kyla Morco

37-Year-Old Makes $250K, Has 3 Kids and $250K Debt: 'I'm Wondering How I Got Here'

Rising debt obligations and family expenses can leave even high earners struggling to build savings or prepare for retirement. (Credit: AI-generated image/ChatGPT)

A 37-year-old California father has sparked discussion after revealing that, despite earning more than $250,000 a year, he has almost no savings, no retirement fund, and roughly $250,000 in debt.

The divorced father of three shared his financial situation in an online post, admitting that years of poor financial decisions had left him questioning how he ended up in his current position. His story attracted hundreds of responses from members of the online community, many of whom argued that his income still gives him a realistic path to financial recovery.

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