Wednesday, March 25, 2015

Frank is 20,000 dollars in less every month – Page2

(page2): Outwardly Frank Schlottmann (44) a type with all the care. Nice house, even nicer car and always pretty clothes. He is well trained, have many friends and are proud dad of three children.

But the home of Frank lies bill stack totaling 920.000 million. The few people know about. Frank not talk to anyone about the debt, which he believes is a maximum NOK 600,000.

In reality owe Frank 920.000 million. He goes to a loss of NOK 20,000 every month. Economist Hallgeir Kvadsheim is very frustrated

– The economy is so untidy that it is possible to achieve. You owe money to the east and west, when will you learn?

ALSO READ: Here, Silje comfort “Luxury Trap” Participation

Much more focus on women and bags

The debt began when Frank bought a house in Stjørdal in Nord-Trøndelag. He redecorated the whole house and money flew out of account. In addition, Frank hobby mechanic and have spent much money on his beloved BMW.

– All motor I have interest. Motorcycle, snowmobile and car. The money just went, Frank says.

Automobile is the most common luxury trap for young men, says Hallgeir Kvadsheim. But yet there are few who talk about it.

– There is much focus on that women spend money on handbags and clothes, and it becomes very criticized by many. But immediately we are talking about a car or other technical things, so you’re almost excused. It will not be seen as an unnecessary expenditure. But a car has a far higher impairment than a Louis Vuitton bag, says Kvadsheim Side2.

ALSO READ: 13 things you never knew about Luxury Trap

A tough uphill

Frank has three children from three cohabitation. The last relationship ended six months ago, and Frank took it very heavily. In recent months he has been sick.

– The last cohabitation was tough. Much of the blame is probably my, both because of the financial management and very much work. It has been a tough uphill, he says.

normally works Frank as security chief in Effect Norway, but the job is seasonal. To overcome the debt need Frank to get out in a permanent job. To date, he has not managed it, but he works part time.

ALSO READ: Took a loan of 450,000 together with ex-boyfriend

Harder to get a permanent job today

– To get a permanent job proved to be harder than I and he thought. Some of the challenge for Frank is that he had pretty high standards, so we had to work to adapt to reality, says Kvadsheim.

Kvadsheim says that Frank’s situation is a clear indication of how it stands to Norway right now.

– It is much harder to get a job today than two years ago. In addition, we mark on quite a few participants that they have unrealistic expectations of what type of job they can get at once, says the economist.

See how it goes with Frank tonight at 20.30 on TV3 .

ALSO READ: Tom Roger has a loan of 1.5 million, entirely without own property

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