Texas couple makes $161,000 per year — but is drowning in $90,000 credit card debt, spent $20,000 on California vacation. Caleb Hammer shames them for 'acting like you're multimillionaires'

Hammer didn’t hold back, accusing the couple of “living a millionaire life” while holding tremendous amounts of debt.

He warned that without drastic action they will remain in the red heading into retirement.

'Bad decisions'

As a registered nurse with 20 years of experience who was promoted to management in 2022, Alyssa earns $111,000 per year. Connor works in construction, earning a relatively modest $25 per hour, and estimates his annual income to be around $50,000. Their combined income puts them ahead of many households.

“We make enough to live well,” Alyssa said. “We just made some bad decisions.”

One of those bad decisions was pushing off several expenses to credit cards and only paying the minimum monthly balance on them. Altogether, the couple has over $90,000 in total credit card debt. Hammer noted that it would take around 25 years to pay off one card’s debt and 17 years for another if the couple continued paying only the monthly minimums with no additional purchases.

“Congratulations, you're going to be approaching 60 by the time this is paid off,” he quipped.

Despite accumulating so much debt, they have struggled to reign in their spending. In 2022, for example, the couple spent around $20,000 on a month-long family vacation in California.

“You guys are acting like you’re multimillionaires,” Hammer exclaimed. “I couldn’t even imagine [spending] $20,000 on a vacation!”