A Mt. Pleasant couple has been doing an admirable job of concealing the massive financial debt they’ve taken on to maintain the Mt. Pleasant lifestyle. With two luxury SUV payments, a house in Park West they can’t afford, and $86,000 in credit card debt, Rick and Barbara Grant are on the brink of financial collapse. They’ve been popping Prozac pills like candy to keep smiles on their faces so the neighbors won’t suspect anything is wrong.
Rick Grant has been quietly regretting recent purchases to himself. “Why the hell did we buy a brand new golf cart?” he said. “We don’t even play golf. But the Anderson family next door got one, then everyone on the street started buying them, and we didn’t want to look like we couldn’t afford it, so we got one too. Oh, God…I can’t even afford my golf cart payment now.” Rick then cried into the sleeve of his Vineyard Vines sweater.
Neighbor Skip Anderson is secretly hiding his overwhelming financial debt too. “We couldn’t afford our golf cart either because we’re leveraged in debt up to our eyebrows. So we financed it under our daughter’s name. She won’t be able to get loans for college now, but at least everyone will see we have a golf cart in our driveway.”
Financial Advisor Karen Zimmer said the financial troubles the Grants have aren’t uncommon. “It’s a vicious downward spiral when people in Mt. Pleasant view spending money like a competition and thoughtlessly buy things to keep up with the Jones’s, even if it means ruining their credit forever. These are the idiots who drive up the damn property values so high that no one else can live there without taking out massive amounts of debt like them.”
Rick is going to hide the fact that they’re about to file for bankruptcy by fake-shopping for a Harley with his friends while his wife Barbara goes to Red Drum with the girls and pretends to forget her wallet when the check comes to the table. As soon as word gets out that they’re broke, they’re going to vanish in the middle of the night and go live in Barbara’s mom’s basement in Delaware.