How could I not post about this article? I found myself feeling less than sympathetic for Ken Karpman. If ever there was a poster child for why you need to have emergency savings and a fall back plan, Ken Karpman is it. Ken was making $750,000 a year when times were good. He has now been reduced to delivering pizzas and his marriage is stumbling. I’m sure Ken realizes now that consumerism doesn’t make the man. Through their confidence in his ability to make that level of income, they failed to plan for the time that Ken couldn’t make that kind of income. It sounds like Ken is far from bottom but I guess you have to give him credit for at least trying to provide for his family.
My recommendation to Ken would be to sell off some of the many personal possessions his family accumulated during the “good” times. It sounds like there are some jet skis, and designer clothes that might cover a house payment or two.