Ep 5. Big City Blues

Til Debt Do Us Part season 6 episode 5, titled "Big City Blues," explores the financial struggles of a couple living in the busy city of Toronto. The episode starts off with host Gail Vaz-Oxlade meeting with the couple to discuss their current financial situation. The couple, named Tyler and Cassie, are 27 years old and have been living together for five years. They both have good jobs and enjoy the city life, but they also have a lot of debt.

Gail starts off by asking Tyler and Cassie about their debt and how they accumulated it. They both admit to overspending on things like dining out, shopping, and vacations. Tyler even confesses to buying a sports car that he couldn't afford. They also have student loans and credit card debt that they have been struggling to pay off.

Gail then takes a closer look at their monthly budget and finds that they are spending more than they earn. They are not only living beyond their means, but they also don't have a clear understanding of their financial situation. Gail recommends that they start tracking their spending and create a realistic budget that they can stick to.

Throughout the episode, Gail works with Tyler and Cassie to help them cut back on their spending and pay off their debt. She gives them practical advice on how to save money on groceries, clothing, and entertainment. She also encourages them to find ways to increase their income, such as selling unused items online or taking on freelance work.

The couple also faces challenges along the way. They have to learn how to say no to their friends who want to go out and spend money, and they have to resist the impulse to make unnecessary purchases. Gail helps them stay on track and motivates them to keep working towards their goal of becoming debt-free.

In addition to their financial struggles, Tyler and Cassie also face relationship challenges. They have different communication styles and often argue about money. Gail helps them improve their communication skills and encourages them to work together as a team.

Overall, "Big City Blues" is a relatable and informative episode that tackles the common issue of overspending and debt. It offers practical advice on how to create a budget and cut back on expenses, as well as tips on how to improve communication in a relationship. Tyler and Cassie's story is a reminder that with hard work and determination, anyone can overcome their financial struggles and achieve financial freedom.